Industry & Business

Zamano Full-year revenues up 22.3%

 Breaking News
  • ASAI Issues New Guidelines For Advertising Mobile Phone and Broadband Services The Advertising Standards Authority for Ireland (ASAI), the independent self-regulatory body committed to promoting the highest standards of marketing communications in Ireland, has introduced new guidelines relating to the advertising of mobile phone and broadband services. The guidelines will complement the existing ASAI Code in ensuring that certain marketing terms used by telecommunications operators convey [...]...
  • Sustainable Apartment Living For Ireland A new report on sustainable apartment living in Ireland was launched by the Housing Agency and Clúid Housing. Amongst some of the reports findings and research were that apartment living has increased in the last few years and according to the report, the number of apartments in Ireland has increased by 85% between 2002 and [...]...
  • Brand New Campaign Showcasing Ireland’s Food and Drink Starts Fáilte Ireland’s Taste the Island campaign has gone live with a brand-new TV ad encouraging domestic holidaymakers to take a short break in Ireland to enjoy some of the 700+ food and drink related experiences on offer across this September, October and November. Taste the Island is a 12-week celebration of Ireland’s seasonal ingredients, adventurous tastes [...]...
  • Enet Expands its Data Centre Connectivity Portfolio Across Dublin Enet, Ireland’s largest wholesale, open-access network provider, has added six more data centres across Dublin to its national network. The additional data centres allow it to offer more options when it comes to dark fibre and managed bandwidth to its customers, and will result in increased connectivity for consumers. Enet is now connected to 25 data [...]...
  • ACCA and Bank of Ireland Issue Warning Amid Foreign Currency Fluctuations Many Irish companies that deal in foreign currency are exposing their businesses to significant and unnecessary profitability risks due to a lack of consideration of appropriate hedging within their organisations. That’s the message from the Association of Chartered Certified Accountants (ACCA) and Bank of Ireland who have launched a new programme to support businesses in [...]...

Zamano Full-year revenues up 22.3%

Zamano Full-year revenues up 22.3%
March 10
12:22 2016

Zamano the Dublin based mobile messaging, payments and marketing company, has recorded a 22% rise in revenue to €24.3m for last year.

Zamano reported pre-tax profits of €2.4m for the 12 months to the end of December, up 13% on the previous year.

The company said it was boosted by expansion in the UK and, for most of the year at least, favourable exchange rates.

Revenue for its UK operations was up 35% to €20.5m. Outside the UK, however, Zamano had a tougher time. and sales at its Irish business, for example, fell 14%. However, the rate of sales decline in Ireland appears to have stabilised, the company noted.

Ross Conlon, Zamano’s chief executive said that the continuing growth of mobile users and the increased penetration of smartphones is the main driver of growth in mobile payments, mobile commerce and mobile entertainment.

Mr Conlon said that during the year, the company examined a number of opportunities in mobile media, payments and messaging in order to grow the business and diversify its product and service base.

“In 2016, it remains an ongoing objective of the group to find acquisition or partnership opportunities for the business in the web and mobile marketing space,” he added.

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4