One Click Group's Exceptional Growth and Revenue Surge

One Click Group Limited (ASX: $1CG) has announced that its registered user base has exceeded 150,000, marking a remarkable 57% increase from the previous year. The company is experiencing robust growth during the July 2024 tax season, acquiring an average of over 1,000 new users per day in the first 15 days of the month. Additionally, the revenue surge compared to the prior year is a promising indicator of the company's performance.

Executive Commentary on Growth and User Acquisition

Managing Director Mark Waller expressed satisfaction with the substantial increase in registered user numbers and revenue in 2024. The company's ability to attract over 1,000 new users daily in July reflects the escalating demand for digital financial services. With over 150,000 registered users on the One Click Life platform, strong revenue growth, and the demonstrated capability to cross-sell additional financial services, the company anticipates an exciting period ahead.

Summary of One Click Group's Milestone and Future Outlook

One Click Group Limited (ASX: $1CG) has achieved a significant milestone by surpassing 150,000 registered users, signifying a 57% increase from the previous year. The company's robust performance during the July 2024 tax season, with substantial user acquisition and revenue surge, indicates a promising outlook. Anticipating continued strong growth in registered user numbers and revenue generation during the second half of 2024, the company aims to capitalize on its peak season for both user acquisition and revenue generation. The growth in user numbers is expected to underpin future revenue growth from the company's core financial services products and enhance its ability to generate additional revenue as it releases new financial products.