Speedflow claimed the successful 2016 fiscal year
Speedflow recently reported results of the financial year 2016 – a year full of accomplishments and milestones.
We are proud to share that Speedflow managed to breach the threshold of 30 million USD in sales. Our Voice Wholesale Team signed contracts with over 350 new companies, thus finishing the fiscal year with over 830 active partners. At the same time, our SMS team managed to increase our active contracts by over 200% and create over 60 interconnections with the major players in the SMS market.
During that time, not only did we develop a new operating office location in Plovdiv, Bulgaria, but also increased our workforce by 30%! Moreover, we established a side company Speedflow Bulgaria Limited and are now focusing on our new software projects, which are currently in their development or launch stages. We expect them to become our main profit maker in the next 3 to 5 years.
These new ventures did not restrain us from being socially active and attending all of the major conferences in the telecom world, as usual. We also hosted our traditional post ITW Party event that was visited by over 1000 telecom professionals. Now, we are excited and ready to face the new business challenges!
If you want to learn more about our accomplishments and future endeavors, stay tuned! Soon we will be releasing an interview video with the CEO of Speedflow – Vlad Ellis.