AnalytixInsight Triples Q2 Revenues and Provides Corporate Update - Seite 2
June 30
June 30
(Associated company, 49% owned, non-consolidated)
CapitalCube
CapitalCube continued to average approximately 2 million user sessions per month through various distribution channels. CapitalCube has begun custom delivery and integration of its content under its licensing partnership with Euronext NV ("Euronext"). Under the terms of the partnership, the Company's CapitalCube portal will deliver value added financial analysis and content, including key ratios and charts, on Euronext listed companies to Euronext's website and mobile apps. Euronext will also market and sell CapitalCube's professional subscription licenses to various brokers, financial institutions and listed corporations in Europe.
Marketwall
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Marketwall's revenue for Q2 2017 was $1,850,497 compared to $283,766 in the same period in the previous year. Marketwall recorded strong revenues after reaching an invoicing milestone on its contract with Intesa Sanpaolo's mobile banking division. AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated with the Company's financial results. The Company and Intesa Sanpaolo expect to spin out Marketwall following the completion of Marketwall's product integration within Intesa Sanpaolo's mobile platform. The completion of this integration is expected during the second half of 2017, and is expected to result in the migration of over eight million retail banking customers of Intesa Sanpaolo to Marketwall.