Expected Listing on Euronext Amsterdam on Friday 21 February 2020
BREDA, FEBRUARY 17 2020
Financial Highlights
Core1 revenue growth accelerated to 32% in H2 2019 resulting in a FY 2019 core revenue growth of 21% to € 86.5 million
CPaaS and Platform were the main growth drivers with a 22% and 40% increase respectively
The number of CPaaS enterprise customers2 grew by 7% to 511, representing € 72 million in CPaaS revenue over 2019
The number of messages CM.com delivered increased by 29% to 2.5 billion and the number of voice minutes grew by 27% to 141.3 million
Total processed payments volume increased by 5% to € 625 million in 2019
While entering new markets and acquiring new customers CM.com kept core gross profit steady at € 21.9 million
EBITDA, normalized for IPO costs, grew by 26% to € 5.4 million
Business Highlights
CM.com can, as one of the few parties worldwide, offer its customers WhatsApp Business, Apple Business Chat and Google RCS from a single platform
CM.com believes it is uniquely positioned as one of the first Payment Service Providers of WeChat Pay in Europe
CM.com's global expansion continued with openings of new regional hubs in South East Asia (late 2019) and the USA (early 2020)
Listing of CM.com on Euronext Amsterdam expected on 21 February 2020, following the completion of the business combination with Dutch Star Companies ONE N.V.
For full press release and financial statements, please see attachment
200217 CM.com press release - 2019 Annual Results.pdf
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https://files.pressmailings.com/bf/4777c46b1a4394a8b37ebe8bebee50/200217-CM.com-press-release---2019-Annual-Results.pdf |