âExponential rate:â Canvaâs growth spurt revealed in regulatory filing
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High-flying design software startup Canva has provided a glimpse into its booming business with documents filed to the corporate regulator showing it doubled its Australian revenue in its most recently reported financial year.
Accounts filed with the the Australian Securities and Investment Commission (ASIC) show Canvaâs consolidated revenue for the company and its subsidiaries in the 2019 was $187.5 million, up 104 per cent from $83.6 million in 2018.
The company told this masthead earlier this year its total global revenue surpassed $US500 ($650 million) in the year ending March 31, 2021. That implies a more than trebling in revenue in the ensuing 15 months from the latest ASIC filing, a period that encompasses the coronavirus pandemic which in turn led to drama
Exponential rate: Canva s growth spurt revealed in regulatory filing
watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.
Exponential rate: Canva s growth spurt revealed in regulatory filing
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.