Flyte, a subsidiary of Catheter Precision, Inc. (NYSE: VTAK) today announced that more than 10,000 consumer accounts are now registered on the Flyte WebApp, marking a significant milestone as new account creation continues to accelerate across the Company’s technology-enabled private aviation platform.
During the first 17 days of August, Flyte added 1,830 new accounts, an increase of approximately 170% compared to the 679 accounts added during the same 17-day period in July. In just over half of August, the Company has already surpassed the 1,302 accounts added during the entire month of July.
The acceleration builds on consecutive monthly growth in new account creation. New accounts increased approximately 60% month over month in June, followed by an additional 48% month-over-month increase in July.
This morning’s news release goes on to say that over the most recent 30-day period, Flyte added 2,417 new accounts, an increase of approximately 118% compared to the preceding 30-day period. Nearly one in four of the more than 10,000 consumer accounts currently on the Flyte WebApp were created during the last 30 days.
The more than 10,000 accounts on the Flyte WebApp represent direct first-party relationships with consumers who have proactively expressed interest in Flyte’s private aviation services. Approximately 6,105 accounts include mobile phone numbers, representing approximately 60% of the platform’s registered consumer base.
VTAK shares shed 0.6 cents, or 2.8%, to 21 cents.
