Mobivity Holdings Corp. (MFON) Reports Q1 Loss of $0.04
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Mobivity Holdings Corp. (MFON) Reports Q1, Appoints Kim Carlson as COO
May 15, 2023 4:07 PM EDTMobivity Holdings Corp. (OTCQB: MFON), a global provider of personalized reward solutions that drive customer acquisition, frequency and spend, today announced financial results for the first quarter (Q1) ending March 31, 2023.
Q1 2023 Financial Highlights
Revenues grew to $1.9 million in the first quarter of 2023 compared to Q4 2022 revenues of $1.7 million. Revenues were $2.0 million in the first quarter of 2022.Gross profit margin of 43% in the first quarter of 2023, a 23% increase over the fourth quarter of 2022, which was 35%. Gross profit margin improved 1% from 42% in... More