MoneyOnMobile, Inc. Announces 42% Increase in Consecutive Quarterly Net Revenue

DALLAS and MUMBAI, India, Feb. 22, 2018 /PRNewswire/ -- MoneyOnMobile, Inc. (OTCQB: MOMT) announced the unaudited financial results of the company's Q3-FY2018 during a conference call and webcast on Wednesday, February 21st, 2018 which included the following highlights:

  • 42% increase in consecutive quarterly net revenue growth (Q2-FY18 to Q3-FY18)
  • 193% increase in quarterly year-over-year net revenue growth
  • 210% increase in monthly net revenue growth from January 2017 to December 2017

To view a recording of the presentation and/or read the transcript visit: http://bit.ly/MOMTQ318Results

About MoneyOnMobile, Inc.

MoneyOnMobile, Inc. is an India focused mobile payments technology and processing company offering mobile payment services. MoneyOnMobile enables Indian consumers to use mobile phones to pay for goods and services or transfer funds from one cell phone to another. It can be used as simple SMS text functionality or through the MoneyOnMobile application or internet site. MoneyOnMobile has more than 350,000 retail locations throughout India.

Safe Harbor Statement

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on July 6, 2017. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Web site: www.MoneyOnMobile.in
Twitter: https://twitter.com/MoneyOnMobile
Facebook: https://www.facebook.com/MoneyOnMobile.Official/
LinkedIn: https://www.linkedin.com/company/moneyonmobile
YouTube: https://www.youtube.com/c/MoneyOnMobileofficial

Media Contact (Global):
Greg Allbright
Head of Global Communications
Dallas, Texas
+1 (214) 208-0923

Investor Relations:
Integra Consulting Group, LLC
Jeremy G. Roe, Founder, Managing Partner
+1 (925) 262-8305

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SOURCE MoneyOnMobile, Inc.

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