Loyalty points giant reports strong earnings and brings Southwest onboard
Skift Take
Points International, which has more than 60 loyalty program partners, sees a $2 billion to $2.5 billion market opportunity in the loyalty sector. Fairly big bucks.
A provider of e-commerce solutions to airlines and hotels, Points International released its fourth quarter results March 6, indicating the company is in growth mode.
For the fourth quarter, Points International, which operates the Points.com consumer site, saw its net income increase 166% to $5.6 million, compared to the year-ago period. That increase was largely tax-related, however.
The company's revenue rose 24% to $40.8 million, and the increase was driven by new partnerships and increased marketing.
Toronto-based Points International, the la
