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Enter Symbol
or Name
USA
CA



Mobi724 Global Solutions Inc
Symbol MOS
Shares Issued 143,455,416
Close 2017-05-30 C$ 0.26
Market Cap C$ 37,298,408
Recent Sedar Documents

Mobi724 talks Q1 2017 revenues, omits P&L from NR

2017-05-31 10:51 ET - News Release

Mr. Marcel Vienneau reports

MOBI724 GLOBAL SOLUTIONS (CSE:MOS)(OTCQB:MOBIF) Q1 FINANCIAL RELEASE - REVENUES INCREASE BY 42% IN Q1 2017 VERSUS Q1 2016

Mobi724 Global Solutions Inc. has filed its first quarter financial results for quarter ending on March 31 2017. Mobi724 is proud to announce that revenues continue to increase in the first quarter. Revenue grew 42 per cent to $792,000 in 2017 from $557,000 in 2016 while the company's burn rate remains aligned with its business plan.

"These results confirm that we are steadily growing and creating value to our shareholders. In Q1, we confirmed two blue-sky opportunities and set the organizational structure to execute our aggressive business plan. Our sales pipeline has grown materially giving us the confidence to execute on the plan for the remainder of the year and beyond," says Marcel Vienneau, chief executive officer.

About Mobi724 Global Solutions Inc.

Mobi724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment and digital marketing solutions with a combined EMV (Europay, MasterCard and Visa) payment, card-linked offers and digital marketing platform that works on any card and any mobile device. Mobi724's solutions add value to all types of transactions, benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. Mobi724 provides a turnkey solution to its clients to capture card transactions on any mobile device at any point of sale or from any payment card. Mobi724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering.

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