Phunware Inc (NASDAQ:PHUN) CEO Alan Knitowski tells Proactive the enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, has posted preliminary full year 2021 financial results that saw the company clock up $10.6 million in revenue.
For the year ended December 31, 2021, the Austin, Texas-based technology company revealed that its Multiscreen-as-a-Service platform subscriptions and services contributed $5.3 million to the revenue pie, while computer hardware revenue expanded to $3.1 million. The firm’s non-GAAP adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortization for the quarter amounted to a loss of $11.7 million.
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