– Revenue Expected to Reach Quarterly Record of Approximately $115 Million, Representing a Year-over-Year Increase of Over 100% –
– Quarterly Gross Profit Expected to Increase Approximately 100% on a Year-over-Year Basis and 35 – 40% on a Sequential Basis –
– Strong Execution on Core Growth Drivers Underscores Loyalty’s Role in Continued Travel Recovery –
TORONTO, Jan. 20, 2022 (GLOBE NEWSWIRE) — Points.com Inc. (TSX: PTS) (Nasdaq: PCOM) (“Points” or the “Company”), the global leader in powering loyalty commerce, is providing selected preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2021.
Unless otherwise noted, all amounts are in USD.
Financial Highlights
Fourth quarter 2021 revenue is expected to be approximately $115 million, representing a quarterly record and a significant increase compared to $56.4 million in the fourth quarter of 2020 and $86.9 million in the third quarter of 2021. Gross profit in the fourth quarter of 2021…