OtherLevels, the mobile marketing and analytics platform, is targeting US$7m in revenues for FY2019 as it seeks to take advantage of fresh opportunities in the US.
The Australia-based firm produced FY18 total revenue of $5.24m, up 56 per cent on FY17, with targeted growth of a further 30 per cent for the next financial year.
Boasting global clients and offering low-cost conversion opportunities, OtherLevels is looking to get involved in the US sports betting market and with the privatisation of the US and EMEA lotteries.
The firm’s annual recurring revenue as of June 2018 was $4.4m, with a 60 per cent current gross margin across products.
