Technology | 2013.01.04
Single Touch Reports Fiscal 2012 Results with Revenues Increasing 39% to $6,300,000
JERSEY CITY, N.J.--(BUSINESS WIRE)--Single Touch Systems, Inc. (OTC BB: SITO), a technology based mobile media solutions provider, today reported financial results for its 2012 fiscal year ended September 30, 2012. Fiscal 2012 Highlights Include: Revenues up nearly 40%, or $1.8 million over 2011, to $6.3 million Gross margins improve to 54% from 44% in 2011 Adjusted EBITDA improves by nearly 25% Over 500,000,000 mobile messages sent on behalf of retail clients by December 20, 2012 Formed Single
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