One Click Group achieves record revenue of $3.9 million in 2023
According to the One Click Group, the key focus of 2023 was increasing the registered user numbers on the One Click Life platform and generating growing revenue from both existing and new users through the completion of an online tax return. During this time the company was also able to focus on expanding the product suite for users and commence building out annuity revenue streams through additional products offered on the One Click Life platform and the One Click Verify platform.
One Click Group achieved record revenue of $3.9 million in 2023, up a significant 144% from $1.6 million in 2022. In addition, user acquisition continued to be strong during the 2023 with over 120,000 users now registered on the One Click Life platform at the end of the December 2023, up 85% from December 2022.
Average Revenue per user continues to grow reaching $32 per user in 2023, up from $25 per user in 2022.
The growth in revenue is a reflection of the successful business model the company employs for it’s One Click Life platform. The aim is to further grow revenues to achieve profitability this year, and to ensure a sustainable growth profile in the years ahead.
In 2023 we saw revenue greater than the operating expenses to run the business which is an important inflection point.
Managing Director Mark Waller commented, “2023 was an outstanding year of growth for One Click Group. 144% growth to $3.9m revenue combined with over 120,000 users on the One Click Life platform puts the company in an excellent position to continue to expand into 2024.
“2024 will be a pivotal year for the company as new marketing spend continues to grow our registered user base and creates new revenue to add to our existing revenue base. We also intend to continue to expand the product suite available on both the One Click Life and One Click Verify platforms creating additional revenue opportunities from new and existing customers,” Waller ended.