Tinybeans Releases Record FY22 Results and Preliminary 4E Report
NEW YORK, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Tinybeans Group Limited (ASX: TNY) (OTCQB: TNYYF ) ("Tinybeans" or "the Company"), the only personalized platform trusted by parents to help them raise amazing kids, is pleased to share its record preliminary results and the Appendix 4E for fiscal year 2022. The operating results for the period are materially consistent with the headline preliminary results released by the Company on July 28 th . The results are subject to completion of the year end audit and audited results are expected to be released in September. FY22 Operational Highlights Revenue increased to a record US$10.9m, up 34% pcp Advertising revenue hit a record US$9m, up 31% pcp, won 17 $100k deals vs 13 in FY21 Subscription revenue hit a record US$1.5m, up 77% pcp At 56% growth in direct advertising revenues, significantly outpaced single digit industry growth rate outside of top 4. Successfully retired Red Tricycle and (re)introduced one brand Tinybeans to ad market Grew National deal size from $30k to $51k ( 69%) Monthly Active Users (MAU) across FY22 grew hit 2.95M for the qtr, up 16% on Q3.
Tinybeans Releases Record FY22 Results and Preliminary 4E Report
NEW YORK, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Tinybeans Group Limited (ASX: TNY) (OTCQB: TNYYF ) ("Tinybeans" or "the Company"), the only personalized platform trusted by parents to help them raise amazing kids, is pleased to share its record preliminary results and the Appendix 4E for fiscal year 2022. The operating results for the period are materially consistent with the headline preliminary results released by the Company on July 28 th . The results are subject to completion of the year end audit and audited results are expected to be released in September. FY22 Operational Highlights Revenue increased to a record US$10.9m, up 34% pcp Advertising revenue hit a record US$9m, up 31% pcp, won 17 $100k deals vs 13 in FY21 Subscription revenue hit a record US$1.5m, up 77% pcp At 56% growth in direct advertising revenues, significantly outpaced single digit industry growth rate outside of top 4. Successfully retired Red Tricycle and (re)introduced one brand Tinybeans to ad market Grew National deal size from $30k to $51k ( 69%) Monthly Active Users (MAU) across FY22 grew hit 2.95M for the qtr, up 16% on Q3.