BPG Sales and Revenue Update

Thursday 3rd August 2023

Black Pearl Group Limited (BPG), is pleased to provide its sales and revenue update. During the last 90 days ending 31 July, BPG has secured over 1 million dollars in new annual recurring revenue (ARR) from its new SaaS product, Pearl Diver. Like all BPG’s services, Pearl Diver uses a monthly recurring billing model, generating regular and stable revenue. As the customer base grows through new sign-ups, each additional subscriber contributes to the overall revenue. This continuous growth is not limited to one-time purchases but compounds over time.

As we look forward to August and beyond, BPG will be introducing two new initiatives to support accelerated revenue growth:

Pearl Diver - Flows

Flows is an enhancement to Pearl Diver, which enables users to further manage and group their website visitors and key audiences. This helps customers better focus their time and money on their most immediate website opportunities while automatically nurturing the rest through integrations into key marketing services.

This ‘sell to the best – grow the rest’ approach will help support increased price points for BPG while also ensuring our customers get maximum value from the web traffic identified by Pearl Diver.

Flows is scheduled for release in September.

Partners

As announced to the market on 18 July, Cherryl Pressley moved into an Executive Directors role as she became Chief Revenue Officer.

Cherryl is an exceptionally experienced leader in technology partnerships, with over 17 years of combined experience as a Senior Director of Worldwide Distribution at Microsoft and Head of Scale Partnerships for Google.

Sales partnerships through established marketing and technology channels are a logical progression for a service that lives at the intersection of those industries.

“I know that Partners can be a true force multiplier for us. They bring not only sales skills and the ability to scale but also professional services and support that provide tremendous value to our joint customers." - Cherryl Pressley.

BPG looks forward to discussing the partnership strategy and showcasing Flows in depth in its ASM, scheduled for Monday, 4 September 2023.

For and on behalf of the Board,

Karen Cargill

Chief Financial Officer

For further information, please contact:

hello@blackpearlgroup.com | +64 480 39390

BPG Sales and Revenue Update

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