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Dillistone Group's GatedTalent platform sees first revenue as membership jumps

Monday, 5th November 2018
Dillistone Group said Monday that its 'GatedTalent' platform had generate its first revenue following an influx of new members in October.

'GatedTalent,' the platform allowing executive recruiters to engage with senior level executives, had seen its first revenue derived directly from executive members, the company said.

Previously, all revenue through the platform had come from recruiters and, while core services would remain free for executives, the ability to generate revenues from enhanced membership services would enable the group to deliver faster revenue growth, the company added.

The new services arrived against a backdrop of accelerating membership growth in October, Dillstone said. Approximately 7,000 new members joined the platform in the month, an increase of more than 30% on September signups.

'Our ability to monetise our executive membership directly should help accelerate growth in revenues within the GatedTalent platform and this should impact on its path to profitability, said ason Starr, Chief Executive of Dillistone Group.

At 8:32am: (LON:DSG) Dillistone Group PLC share price was +3p at 51p

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