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VIDEO – Following Record Q4 Logiq Reports Over $37M In Revenue For FY2021
Why watch this interview? Here’s 37.3 MILLION Reasons….
The AGORACOM of the e-commerce world.AGORACOM helps small-mid cap companies win the attention of investors … Logiq helps SMB’s compete against megabrands in e-commerce
The global e-commerce market surpassed $9 TRILLION in 2019 … and is scheduled to grow by a CAGR of 14% into 2027 … But mega brands control almost 70% of the US market alone and are using their strength to win even more market … making it harder for SMBs to compete in this massive market.
Logiq is an award-winning e-commerce and fintech solutions company that is addressing that problem by helping drive e-commerce for SMBs around the world …
Financial Highlights
● FY21 reveneue $37.3 million
● Excluding AppLogiq, Logiq FY21 revenues rose 51.8% to $23 million.
● FY21 gross profit increased 73.8% YOY hitting $11.1 million
● FY21 gross margin percentage increased significantly to 29.6% versus 16.8%
● Record 4Q-21 revenue exceeds Company’s projection .. 2X YOY to $13.1 million
● Projects 2022 revenue up 30% YOY to $50-$75 million, profitability in early 2023
