Audience Analytics has reported earnings of $588,826 for its 1HFY2023, an 8-fold jump from $62,287 recorded in the year-earlier six months ended June.
Revenue in the period was up 86.1% y-o-y to $3.59 million, which the company says was driven by strong growth from its business impact assessment and recognition segment, which alone contributed $1.46 million in revenue, up 91.6% y-o-y, with more events organised following the pandemic.
The company's exhibitions segment improved as well, with revenue nearly doubling too.
“While we are happy about our performance in 1H2023, we continue to be cautious of the macro risks that could slow down our growth trajectory for the rest of 2023," says chairman and managing director William Ng.
"With that said, we remain confident and optimistic about our future as we seek to capitalise on the stronger economic growth expected within the Asia-Pacific region.
"Furthermore, our strong financial standing and brand positioning will stand us in good stead to navigate through the fast-changing market landscape ahead," he adds.
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Audience Analytics shares closed Aug 7 at 31 cents, down 4.62% for the day and up 10.71% year to date.
