MySale Group plc announced trading update for the first five months of 2014. For the period, Group's revenues year-on-year were 4% higher than the previous year. Within this figure however, the Group has experienced significant regional variations. It had a strong performance in Asia, with revenues year-on-year up 29% and in its Rest Of World operations where sales are materially ahead of analyst expectations, including a maiden contribution from its new markets in the UK and the USA.

The company anticipated that revenues for the full year ended November 30, 2014 will show double digit growth, despite the slowdown in the Australian economy, as its new markets continue to develop. Profit-before-tax is expected to be materially below market expectations, as MySale continues to grow its membership for the long term in newer markets.