blinkx 113% increase in revenue
by Andrew Redfern @ 26th May 2009 4:48 pm
Video based search engine todat reported that its has made a 113% year on year increase in revenue; the stats from the report include -
Revenue more than doubled from FY2008 to almost $14m
Second half revenue grew 108% year on year
Top and bottom line performance ahead of analyst consensus
Gross profits up over 100% to $9.8m from FY2008
DSO improved to 83 days from 95 days FY2008
Unique visitors up to 88 million from 56 million in March 2008, and page views up to 835 million from 584 million in March 2008 (source: comScore)
Daily Video Search run rate of over 8,400,000 per day in March 2009
Content hours increased 35% year on year, from 26 million hours to 35 million hours
175 new content partners added in the year, bringing total to over 530 media organizations, including Fox, CBS and Time Inc.
Partnership with Miniweb brings blinkx directly onto TVs
Addition of top-tier syndication partners, including ITN, MSN UK and Rambler
New versions released of three strategic technology offerings:
blinkx Remote
blinkx Beat
blinkx BBTV (Broadband Television)
blinkx maintained strong, consistent average effective CPM in FY09, running campaigns for leading brands, including Shell, Guinness and Honda
Ranked in top 20 video sites by Comscore Video Metrix and Nielsen
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