Business
Trading Statement
Trading Statement.
About this update from Altitude Group Plc
[{"type":"text","content":"\n \nRNS Number : 2906Z Altitude Group PLC 14 December 2017 \n\n14 December 2017 \n \nALTITUDE GROUP PLC\n (the \"Company\" or \"Altitude\")\n \nAiM progress update, launch of online aggregator \"AndEverything.com\" and 2017 trading update\n \nAltitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, is pleased to update shareholders on progress made as we head towards the end of the financial year.\n \nWe have had a very busy period following the appointment of Nichole Stella as President US Operations and the publication of the half year report in September, and look to enter the New Year with a great deal of positivity and confidence. \n \nAiM progress update\nAs stated in our half year report, we have increased focus on our partnership with AiM as the quickest route to significant revenue having enhanced the enterprise partnership agreement with AiM, to provide members with a combined Channl ecommerce platform together with Altitude's full cloud based CRM and order management system. \n \nHaving created approximately 1,400 Channl sites for AiM members, and appreciating the need to train and engage with members to drive their use of the platform, we have accelerated investment into the US to provide Nichole with the resource to begin \"on boarding\" AiM members. With the knowledge that the fast growing AiM group (over 100 new members and circa $80 million of revenue added in the last quarter), who execute more than $1.3 billion of annual revenue, will utilize our processes to transact all orders, we have now integrated both our ecommerce (Channl) and cloud based legacy order processing applications to capture all orders. We have branded the integrated platform as \"AiMPro\". \n \nAiMPro is a full cloud-based business management platform that features full CRM, enterprise e-commerce websites, company stores and instant websites. All merchandise on the platform will utilise our unique and patent protected design and productions software Artworktool. The provision of this full product suite is a member benefit to AiM members and is provided free ...