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OtherLevels reaches AUD$1m revenue milestone in financial third quarter

28th April 2016 7:06 am GMT

Australian mobile marketing specialist OtherLevels has hailed its progress over the third quarter of its financial year, with revenue reaching AUD$1m as six new customers signed up over the period.

The supplier achieved the revenue milestone despite adverse Australian currency movements, which negatively impacted income given the strength of its US and UK client base.

The company said that staff costs of $1.9m contributed to an operating loss of $1.5m for the quarter, while the nine-month period recorded $3.1m in customer receipts and a [...]

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