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Phunware posts $10M in FY2020 revenue, looks forward to completing PhunWallet launch

Phunware posts $10M in FY2020 revenue, looks forward to completing PhunWallet launch

Phunware Inc (NASDAQ:PHUN) CEO Alan Knitowski tells Proactive the Austin, Texas-based group's FY2020 results showed the enterprise cloud platform company netted $10 million in revenue for the year. Knitowski says over 90% of the revenue came from the Austin-based firm’s multiscreen-as-a-service (MaaS) platform subscriptions and services, which totaled $9.1 million. Knitowski says it will soon complete its PhunWallet next month ahead of the launch of its blockchain ecosystem powered by PhunCoin and PhunToken.

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