Last week we shared Zoom2u’s half-year financial results via webinar with our CEO Steve Orenstein and CFO Michael Gayst.
These results highlight our performance throughout H1 FY22, and the way we are changing the nature of delivery to keep up with consumer demand.
Our goal from day one was to improve the customers experience when receiving a delivery and we continue to focus on this every single day.
Zoom2u’s Financial Results
Here are the performance highlights from H1 FY22:
– Half year revenue up 46% compared to the previous corresponding period.
– GMV increased by 54%.
– Winner of the Product Review Award for the fourth consecutive year in a row.
– Addition of approximately 8,700 new Zoom2u customers in H1 FY22 including:
– Australia Post, Best & Less, Couriers Please, Jaycar.
Expanding Locate2u With Enterprise Customers
Our SaaS product for last-mile delivery, Locate2u has also seen extremely positive results. Locate2u is designed to help any delivery or service business. Allowing them to share their live location with their customers. In the same way we do this for Zoom2u customers. In the first half we added a number of key clients including Bing Lee, Cleanaway (ASX: CWY), Middy’s, as well as Gate Gourmet and SuperPharmacy. It’s great to have such big clients using Locate2u and the impact we can have on their customers’ experience.
Locate2u has also acquired a Shopify App called Local Delivery. Local Delivery has 570 customers in over 45 countries. This addition to the business allows us to continue to provide innovative technology to our customers. With Local Delivery customers now have the ability to configure their Shopify ecommerce store to allow for local delivery and instore pickup. Local Delivery is available on the Shopify App store and Integrates seamlessly to Locate2u.
We also launched our first office in India allowing us to help many businesses across India to use Locate2u for their business.
Thank You To Our Community
We would like to offer a special thank you to the entire Zoom2u and Locate2u team, our customers and shareholders. These results couldn’t have been achieved without our amazing community.