Phunware has announced that its fiscal 2022 net revenues rose 105% year over year to $21.8 million, driven largely by its hardware business, which the company plans to expand further.
“We are thrilled to see increased interest from our channel partners, who we believe will be a key catalyst of accelerated bookings of our core software solution in 2023,” Phunware CEO Russ Buyse said in a statement.
“Our senior management team remains laser-focused on ramping up our MaaS offering through several essential verticals, with a key focus on hospitality and healthcare,” he added.
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