Frontier Digital Ventures' (ASX: FDV) growth continues with fourth quarter of positive cash flow (w/ Shaun Di Gregorio)

Small Caps

Frontier Digital Ventures (ASX: FDV) founder and chief executive officer Shaun Di Gregorio joins Small Caps to discuss how the company’s Latin American business is helping to power its operations as it enters what looks to be another strong year of expansion.

The performance of the Latin American operations was a standout when the leading online marketplace business recently reported its fourth consecutive quarter of positive operating cash flows.

The total FDV group reported operating revenue of $21.7 million in 4Q 2023 included a record $14.4 million from its 360 LATAM business.

The December quarter result also highlighted the consistent execution of the company’s strategy and the strength of its online marketplaces model.

Over the past year, FDV has undertaken significant work in the areas of cost base optimisation, operational and product enhancements, and rebranding of the regions, designed to strengthen the businesses and enhance the long-term equity value of each region.

This has positioned the company for a new phase focused on growing earnings and cash flows, underpinned by sustainable long-term revenue growth.

Article:
https://smallcaps.com.au/frontier-digital-ventures-fourth-consecutive-cash-flow-positive-quarter/

For more information on Frontier Digital Ventures:
https://smallcaps.com.au/stocks/asx-fdv/

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