Frontier Digital Ventures (ASX: FDV) continues cash flow positive run, launches Iris platform (w/ Shaun Di Gregorio)
Episode description
Frontier Digital Ventures (ASX: FDV) founder and chief executive officer Shaun Di Gregorio joins Small Caps to discuss the online classified marketplace specialist’s continuing run of revenue momentum.
The company recently reported that for the fifth consecutive quarter each of its geographic regions achieved positive operating cashflows.
Notably, the FDV Group also achieved its third consecutive quarter of positive operating cashflows, which included its holding company costs.
The growing revenue momentum was supported by new product initiatives and transaction revenues.
The recent launch of Iris platform into larger markets is expected to drive further transaction volume growth.
FDV is now looking to unlock further monetisation opportunities beyond the typical classified advertising revenue and to grow the equity value of its operating companies to allow them to realise their full potential.
For more information on Frontier Digital Ventures:
https://smallcaps.com.au/stocks/asx-fdv/
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