'Exponential rate:' Canva's growth spurt revealed in regulat

'Exponential rate:' Canva's growth spurt revealed in regulatory filing


‘Exponential rate:’ Canva’s growth spurt revealed in regulatory filing
We’re sorry, this service is currently unavailable. Please try again later.
Dismiss
Save
Normal text size
Advertisement
High-flying design software startup Canva has provided a glimpse into its booming business with documents filed to the corporate regulator showing it doubled its Australian revenue in its most recently reported financial year.
Accounts filed with the the Australian Securities and Investment Commission (ASIC) show Canva’s consolidated revenue for the company and its subsidiaries in the 2019 was $187.5 million, up 104 per cent from $83.6 million in 2018.
The company told this masthead earlier this year its total global revenue surpassed $US500 ($650 million) in the year ending March 31, 2021. That implies a more than trebling in revenue in the ensuing 15 months from the latest ASIC filing, a period that encompasses the coronavirus pandemic which in turn led to dramatic changes in the way people work.

Related Keywords

Sydney , New South Wales , Australia , , Technology Newsletter , Sydney Morning Herald , சிட்னி , புதியது தெற்கு வேல்ஸ் , ஆஸ்திரேலியா , தொழில்நுட்பம் செய்திமடல் , சிட்னி காலை ஹெரால்ட் ,

© 2025 Vimarsana