XTD Achieves Six Consecutive Months of Growth

XTD Achieves Six Consecutive Months of Growth

03:34 08 October in Business, Industry news, Metro Rail

October 8, 2015: XTD Ltd has announced to the Australian Stock Exchange that the company has recorded six consecutive months of revenue growth.


XTD is the owner and operator of the world’s first cross track digital media and information system designed for the transit networks of major global cities.


In September XTD recorded its highest monthly revenue (net of reseller) of $342,179. This was an increase of 54% on its August revenue of $221,086 and a 59% increase on its July revenue of $214,731. Total revenue for the September quarter was $777,996.


XTD CEO Steve Wildisen said the company believed the September quarter results reflected the impact of the Company’s Brisbane network operations as well as a renewed focus by XTD’s reseller for Brisbane and Melbourne, APN Outdoor, to offer a complete Eastern Seaboard cross-track digital package.


“We are continuing to attract new clients to the cross-track digital platform including the recently launched Tourism Tasmania campaign,” said Mr Wildisen. “We also have extended commitments from Ford and Australian Defence Force Recruiting. Other major marketers recently attracted to the cross track format include BUPA, Origin Solar, St George, McDonalds, ANZ Bank and Mercedes.”