Uchoose grows Revenues 131% in Q4 as Traffic and Conversion continue to Improve.

29 July 14

The Uchoose business is pleased to advise that it has successfully closed the latest Quarter with revenue growth of 131% against Q3 as key performance indicators of customer traffic and conversions continue to show strong improvements.

Uchoose has been building through 2013/14 as a full service aggregator (online and contact centre) to provide customers an easy and free way in which to shop choose and switch Electricity and Gas Providers through the National market. Besides aiming to become a leader in service, Uchoose differentiates itself from other services in this sector as well by offering a truly unbiased service with its market first fee model.

“Uchoose has achieved its fundamental goals of securing core frontline capability, a baseline of good quality traffic flow and a product suite that contains market leading offers in each State.” Managing Director Murray Eivers states. “It’s these key factors that will provide the platform to expand into new channel opportunities, build a trusted service brand through our unique fee model and market expertise and continue to improve what is already an impressive conversion rate for a business in its early stages.”

The accomplishments of the 2013/14 year demonstrate the momentum that is building in the business which will provide future value to all stakeholders including consumers, small businesses, Uchoose partners such as energy providers and most importantly Uchoose shareholders moving forward.

“It’s very pleasing to be in the position we are in and this reflects a lot of hard work and perseverance from members of the Uchoose business and its partners.” Murray states enthused and optimistic about the year ahead “We’re certainly looking forward to the coming year and we’re absolutely focussed on taking the business out of its start-up phase to one of high growth” he concludes.

Uchoose is looking to fund accelerated growth through its Investor Offer that can be found at www.assob.com.au/UCH and has limited number of shares remaining in Round 1 before moving to Round 2 subscription.