TradeTracker has disclosed financial figures for the first six months of 2012, which point to a year-on-year increase of 47% in its gross and net revenue. Germany contributed most to the growth with an improvement of 455%. The UK, Belgium and Finland also recorded health three-digit increases during the period.
Profits weren’t disclosed by TradeTracker, but it did predict even more growth in the second half of the year. It’s likely the affiliate network will start to yield results from some of the more recent offices it has opened in Russia, Spain, Sweden and Denmark.
More office openings in pipeline
Further expansion by the company is set to take place over the coming months. TradeTracker is planning to initiate operations in France and Italy. It is also conducting feasibility research about the possibility of entering Asian markets. Interest in the network’s Super Fast Payments system could be fuelling TradeTracker’s global surge.
CEO at TradeTracker, Paul van Doorn, is already finding the company to be reaping the rewards of its office openings in terms of securing more clients. “Our investment in international expansion not only resulted in a significant revenue growth, but it also brought us many new international clients that are launching cross border campaigns with us,” he said.