Safe-T Group Ltd., in its letter to shareholders, reiterated another record first quarter 2022 revenues of $4 million, representing growth of ~200 percent, primarily driven by its shift into the consumer business and its customer acquisition programs, which have attracted new subscribers.
What Happened?
Safe-T’s confidence is based on its proven ability to produce triple-digit growth over the past two years with a business model that has the potential to continue delivering impressive results month-over-month and quarter-over-quarter.Safe-T believes in its ability to produce at least 50 percent revenue growth on an annual basis and efficiently manage operating costs, assisting in reaching profitability while driving towards a $50 million revenue target for 2025.
