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Crowd Mobile has had an impressive first year on the ASX, reporting a 192 percent increase in revenue for FY 2016 and EBITDA of $6.3m.

“Since marketing to Apple iPod owners that free legal music is available on our MP3.com.au website, the download rush has overwhelmed us. Our advertisers love it and the advertising revenue we generate goes straight to our bottom line,” Domenic Carosa, destra’s CEO, said.

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Here’s a look at how its business model works: CM8’s expansion into the digital influencer network is also expected to build on the company’s growth: Here is CM8 CEO Domenic Carosa explaining how CM8 has built a marketplace connecting brands with digital influencers.

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