Good Life Plus PLC - London-based luxury prize draw and rewards provider - Expects revenue in the financial year ended January 31 to have jumped 55% to £3.7 million compared to £2.4 million in the 16-month period ended January 31, 2024. Monthly recurring revenue is expected to have grown to £420,000 in January 2025 from £150,000 a year prior and to be 27% higher than £330,000 in July 2024.
Chief Executive Officer Charlie Chadd says: ‘We are making strong progress, growing the subscriber base and expanding our reach to new customers through a much wider product portfolio and partnership roster. The team is working extremely hard on several new opportunities throughout the first quarter, which we anticipate will deliver further growth and upside from Q2 onwards. Our recent partnerships and the investments made into technology and customer experience position us very favourably within our market. Our goal remains to scale quickly, whilst maintaining the best customer experience: exciting, entertaining and enriching millions of UK households via our low-cost subscription and other innovative products.’
Current stock price: 1.94 pence each, up 7.2% on Tuesday afternoon in London on AQSE
12-month change: down 3.0%
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