Software as a service company Fastbase announced Friday it will earn a profit for 2017 and estimates a profit of $8.6 million for 2018.
That growth is driven by Fastbase's popular web leads add-on to Google Analytics, currently in use by 679,246 companies and brands. Fastbase constantly develops new online services and products for companies to optimize online marketing and sales activities. Its focus is on web analytics and lead generation. Fastbase is developing a number of products in preparation for its listing on AIM London Stock Exchange in March 2018.
Sixty-five percent of the web traffic Fastbase analyzes comes from Google. With its newly introduced AdWords Leads tool, the company is tapping into the billion-dollar Google AdWords market. The company claims 72,810 customers have used AdWords to drive website traffic and generate new customers. The SaaS provider says it mapped 33,596,751,003 AdWords clicks from its users this year and delivered millions of new leads through AdWords campaigns every day.