Mobile Embrace Limited provided update to shareholders on the company's financial performance, operations and outlook through to 30 June 2017. MBE reaffirms that it is on track to meet its full fiscal year 2017 guidance of revenue of $52 million and EBITDA of between $5 and $6 million as announced 7 Feb. 2017. The company is well funded with positive cashflows, a strong balance sheet and additional borrowing capacity under its current facility with CBA. MBE continues to execute its strategy of enabling businesses to acquire quality customers at scale on any device, with revenue primarily being derived from the marketing or billing transactions that the company delivers.