A Profitable Internet Company?

  • May 16, 2001
NetFlip, a rewards-based marketing network, announced yesterday that the quarter ending March 31, 2001 was the company's first full quarter of profitability and positive cash flow generation. NetFlip turned profitable and cash flow positive in November 2000, one year after the founding of the company in November 1999.

According to the company announcement, as marketers have abandoned costly and ineffective impression-based advertising, NetFlip has emerged as a leading performance-based marketing solution. NetFlip leverages the NetFlip TransACT Technology Platform to deliver performance-based marketing solutions that guarantee high ROI for marketers.

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