OtherLevels success is predicated on retaining and growing our largest clients. To do that OtherLevels continues to provide value and deliver services to the highest standard. The first calendar quarter is the largest quarter in terms of large client annual renewals and is therefore a strong indicator as to the success of the Company's strategy.
Otherlevels is pleased to announce that a major UK wagering customer has in the last three months increased its annual contract value by 140% to over GBP217,000 from a spend of approximately GBP90,000 twelve months ago.
In addition, halfway through the first quarter, signed and quoted renewals for the quarter are indicating strong year on year revenue growth. This is driven by growth in message volumes, and increased use of multiple message types, with associated incremental fees in both cases.
Brendan O'Kane, the OtherLevels CEO added, "We are seeing direct proof, that OtherLevels can continue to retain and grow our most valuable clients. Our investment in additional message types, such as web push, and the release of new modules such as Action Engine, are contributing incremental revenue. This along with growth driven by the continued adoption of mobile devices across our customer's audiences, validates OtherLevels strategy."
About Otherlevels Holdings Ltd
The OtherLevels platform enables clients to acquire sooner, engage smarter and retain longer and supports desktop, mobile web and apps. OtherLevels leading clients include Camelot (UK), Tatts, Coles, Flight Centre, IHG, LadbrokesCoral, Betfred, Doubledown and Playstudios.
For more information, please visit http://otherlevels.com
Otherlevels Holdings Ltd