Whispir (ASX:WSP) has announced its financial results for the six months ended 31 December 2022 (1H FY23), highlighting Asia as a standout performer with double-digit revenue growth and improved contribution margins.
The communication solutions company says revenue from ANZ was 11% down on the previous half, while revenue from Asia grew 13.0%, and in North America, revenue grew 5.5% on the previous half.
Whispir says it anticipates revenue of $58M-$62M for the full year and positive EBITDA in the second half, and has also reduced operating expenses, and is on track for positive cashflow in the current half.
The company says it's focusing on increasing platform usage and signing new customers to drive revenue performance, and anticipates strong organic revenue growth of more than 20% year on year over the next three to five years.