GetSwift Announces 14th Consecutive Quarter of Revenue Growth at $8.7m
28 April 2020 - 10:32AM
Business Wire
GetSwift posted its March 2020 quarterly results today,
indicating a 14th consecutive quarter of revenue growth.
The Company posted a 336% sequential increase in revenue and
other income to the previous quarter and a 702% increase compared
to the same quarter last year. The Company has been able to achieve
a 24X revenue increase over the last 24 months, and a 74X since
listing in December 2016. The Company expects growth to
continue.
GetSwift CEO Bane Hunter said, "We are pleased that our long
term strategy is becoming a reality. We will continue to
relentlessly pursue growth across multiple domains, as in our
opinion, the Company is well-placed to provide a number of services
and products to both new and existing customers. We will continue
to work hard on behalf of our shareholders, clients, and partners,
and we thank them for their support. As an essential service
provider in the USA, we are proud to be of service in any way we
can."
About GetSwift Limited
Technology to Optimise Global Delivery Logistics
GetSwift is a worldwide leader in delivery management
automation. From enterprise to hyper-local, businesses across
dozens of industries around the globe depend on our SaaS platform
to bring visibility, accountability, efficiency, and savings to
their supply chain and last-mile operations. GetSwift is
headquartered in New York City and is listed on the Australian
Securities Exchange (ASX: GSW). For further background, please
visit GetSwift.co.
GetSwift is an emerging growth company and is subject to a
variety of risks. The company is not yet profitable, and there can
be no assurance that it will achieve profitability. The company's
business and a variety of investment considerations are discussed
in more detail in the company's filings with the Australia
Securities Exchange (ASX). Investors are encouraged to review the
more complete information contained in such filings.
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Media enquiries: James Richardson, Public Affairs Advisor
james.richardson@dentons.com +1 202-408-9160 Investor enquiries:
investors@getswift.co Company Secretary:
julian.rockett@boardroomlimited.com.au +61 2 8016 2841
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