Sign up Australia
Proactive Investors - Run By Investors For Investors

I Synergy Group pays maiden dividend as ASX company

Revenue for the first six months to June totalled $7.24 million.
Affiliate marketing flow chart
The Malaysian company recently expanded into Indonesia

I Synergy Group (ASX:IS3) has paid an interim dividend to its shareholders earlier this week, its first dividend as an ASX-listed company after completing a successful listing in March 2017.

The unfranked interim dividend of $0.003 per share was paid from current and prior profits.

I Synergy was founded in Malaysia in 2008 and raised $3.62 million through its initial public offering in late March 2017.

The company owns a proprietary affiliate marketing platform, Affiliate Junction.

Affiliate Junction is used by advertisers in the marketing industry to connect with affiliates and facilitate commission payments from the advertisers to the affiliates.

What is affiliate marketing?

Affiliate marketing is a marketing practice that employs a systematic approach for advertisers to leverage and reward affiliates for each of their successful marketing efforts in reaching out to the intended target audience, resulting in a desired business lead.

Being purely performance-based is a key characteristic of affiliate marketing.

In other words, advertisers have to reward publishers only when the desired result from this marketing method is achieved.

Affiliate Junction

Affiliate Junction is powered by its own affiliate marketing network.

An affiliate marketing network is the structure that fosters and supports the relationship between the three central parties in affiliate marketing, namely affiliate, advertisers, and advertisers.

The network is powered by proprietary system and tools which allows it to be scalable and flexible with meeting the needs of businesses from most industries.

Through the Affiliate Junction platform, a number of programs are offered:

- MyKad Smart Shopper - incentives program targeting retail;
- SmartSaver – online shopping reward platform;
- Sports Access Network – targets sports industry;
- Retail Network – targets retail brands;
- GetDoc – targets health and wellness industry;
- OPPO – targets telecommunications industry; and
- Hot-Assist – an incentives program for affiliates.

Expansion plans

Funds raised in the IPO were to be used for international expansion plans, developing new technologies and sales and marketing.

The company has set up regional offices in Australia and Indonesia with the intention of launching Affiliate Junction in these countries.

During June 2017, I Synergy launched its first affiliate program in Indonesia, SmartSaver.

I Synergy intends to capitalise on the large-scale potential growth of Indonesia’s e-commerce sector, through the launch of SmartSaver.

View full IS3 profile View Profile

I Synergy Group Ltd Timeline

Related Articles

Mexican flag
March 26 2018
PLCs in emerging markets no longer have to find someone to promote their company to overseas investors
An illustration of the tools Velpic uses in providing education and incident management
March 22 2018
Velpic has just signed its first NowForce client in Australia.
ROBO Global US CEO Travis Briggs
August 15 2018
Investors can buy directly into the popular ROBO ETF based on the benchmark index comprised of 87 top robotics, automation and AI companies.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use