Ayima today signed its 8th new client contract since 1 March 2019. The latest new client to sign up is a North American division of a global recruitment network, requiring Search Engine Optimisation services.
As in other recent announcements, individually the 8 clients are all relatively small in terms of revenue impact, but combined they total approximately 6.7 MSEK over the 12 month initial contract period, furthermore strengthening Ayimas recurring revenues.
During the first quarter of 2019, Ayima has successfully added 25 new clients, totalling approximately 16.9 MSEK annually. This strong sales performance is in line with recent growth expectations and also with the stated strategy of increasing the overall client base to reduce concentration risk.
“We have a strong momentum in our business and as I have communicated in our recent Q4 report, we are currently restructuring parts of our business which, in combination with our continued growth, will deliver a strong positive result in Q2. I am confident that the business will be profitable and cash-flow positive in 2019 and put us in an ever better position to deliver great results in the future for our shareholders and staff”, Mike Jacobson, CEO at Ayima
For further Information:
CEO/VD Michael Jacobson
+44-20 7148 5974
press(at)ayima.com
www.ayima.com/investors
About Ayima
Originally founded in 2007, Ayima is a digital marketing agency with around 150 employees across its offices in London, New York, San Francisco,Stockholm and Vancouver. Ayima have created a number of market-leading software tools that are used in by clients and agencies around the world, including ‘Updatable’, ‘Redirect Path’, ‘Page Insights’, ‘Pulse’ and ‘Appotate’.
Ayima is listed at Nasdaq First North under the “Ayima B” ticker. Certified Adviser is:
Eminova Fondkommission AB
+46 (0)8 – 684 211 00,
This information is insider information that Ayima Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on April 5, 2019.
