04/11/2022 | Press release | Distributed by Public on 04/11/2022 07:54
TextMagic A2P SMS platform's Q1 2022 unaudited consolidated revenue increased by 30% year-on-year to €3,11 million (Q1 2021: €2,38 million).
Q1 2022 | Q1 2021 | Change | |
Unaudited sales revenue (million) | €3,11 | €2,38 | +30 % |
Volume of SMS messages (million) | 67,22 | 56,31 | +19 % |
Active users*, 3 months | 26 625 | 26 054 | +2 % |
Average revenue per user (ARPU)**, 3 months | €116,62 | €91,48 | +27 % |
* An active user is any paying customer who has used TextMagic A2P SMS platform services during each of Q1.
**ARPU is calculated Unaudited sales revenue / Active users.
Q1 2022 overview
TextMagic A2P SMS platform
Touchpoint product development
Recruiting
Comment by Priit Vaikmaa, CEO of TextMagic AS:
"We hope to build on the 30% growth in the first quarter in the following quarters and plan to grow sales by 30-40% for the full year. We are also increasing our marketing budget and focusing on campaigns to find new customers in our target markets.
One of the key drivers of the first quarter's activities was the workforce. We were active in recruitment. Several software developers, software testers, recruiters, one new product manager and a CFO joined the team. Growing and professional team shall further accelerate product development through its efficient work."
Additional information:
Fred Metsma
CFO, TextMagic AS
[email protected]
https://investor.textmagic.com/