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Entertainment Rewards Hits Highest Q3 Revenue in 3 Years, Restructures $22.5M Debt
5:51am on Monday 2nd of June, 2025 AEST
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Technology
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Entertainment Rewards Hits Highest Q3 Revenue in 3 Years, Restructures $22.5M Debt
5:51am on Monday 2nd of June, 2025 AEST
Key Points
Q3 FY25 revenue up 18.2% year-on-year to $3.77 million
Frequent Values program grows by 83%, Paid Advertising up 40%
Convertible loan of $22.5 million reclassified as equity, eliminating interest costs
Annualised cost savings of approximately $1 million from operational restructuring
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