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Breda-based telecom service provider CM.com was able to control costs in the first quarter, increasing profits. EBITDA (earnings before interest expenses, taxes, depreciation and amortization) reached a record 3.3 million euros, compared with a loss of 2.4 million a year earlier.

Revenue fell 11 percent to 63.5 million, although message volume increased 18 percent. Services via WhatsApp also grew significantly, by 30 percent.

The Engage component (formerly Saas) also performed well, thanks to a large contract with a soft drink manufacturer that runs its direct marketing communications through CM.com's Marketing Cloud.

The Pay component migrated to a new platform. The number of payments grew 31 percent. Ticketing (now called Live) also recorded 10 percent growth measured by the number of messages.

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