03:30:29 EDT Tue 25 Jun 2019
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First Global Data Ltd
Symbol C : FGD
Shares Issued 178,131,442
Close 2017-01-30 C$ 0.315
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First Global Data's December revenue at $2.9-million

2017-01-31 06:15 ET - News Release

Mr. Andre Itwaru reports

FIRST GLOBAL ANNOUNCES RECORD REVENUE FOR DECEMBER 2016

First Global Data Ltd. has experienced record revenue growth in the month of December, 2016.

The company recorded revenues of $2.9-million in the month of December, which is the best single month of revenues in the history of the company. These numbers are unaudited and will be included in the company's year-end audited financial statements.

"We are very pleased with these December results as it provides us with a barometer of the potential that First Global has. We expect significant revenue growth in 2017 as the full year revenue contribution from our mobile payment deployments in India with Vijaya Bank, in Ethiopia with Hidase Telecom and the other deployments currently under way are realized," said Andre Itwaru, chairman and chief executive officer of First Global.

About First Global

First Global is an international financial services technology company. The company's two main lines of business are mobile payments and cross-border payments.

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