Textmunication Holdings, Inc. Announces Operation and Guidance Update for 2017
Sales:
Our quarterly revenue growth has been the key area of our success. The Textmunication solution is recognized as both the Fitness and Salon SMS choice. The growth has come from organic sales, white label programs, new strategic partnerships and high-volume programs. We are on an annual revenue run rate of more than $1,200,000 for 2017 - more than double the revenue from 2016. We expect revenue growth and continued economies of scale cost reductions. Our SMS costs were recently reduced by 50% based on our new growth. We have targeted several new verticals centered on customer engagement and retention. We will share more details in our upcoming 2016 Annual report.