Kyckr reveals 20% rise in 2019 full year revenue, continues delivering solutions to financial institutions

Kyckr reveals 20% rise in 2019 full year revenue, continues delivering solutions to financial institutions

Kyckr’s (ASX: KYK) unaudited preliminary full year figures have revealed a 20% growth in 2019 full year revenue to $2.1 million, with the company saying it will continue to prioritise delivering its technology to financial institutions.

Driving the growth was a 41% rise in online revenue to $1.5 million for the full year.

Kyckr chief executive officer Ian Henderson said the higher revenue in 2019 compared to 2018 was a result of the company’s steady progress it is making and evolving its solutions and services.

“In May 2019, we announced the launch of our all new digital platform, which is already receiving positive feedback, which is in addition to our current year revenue increasing by 41% from online channels,” Mr Henderson said.

“Our new platform enhances the existing user experience and functionality, helping to attract new users and position Kyckr as a leader in global company intelligence.”

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Source: Kyckr reveals 20% rise in 2019 full year revenue, continues delivering solutions to financial institutions

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