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LIFESPEAK LifeSpeak Inc. Announces Third Quarter 2021 Results Third quarter 2021 revenue of $ 5.9 million , an increase of 135 % compared to the same period in 2020 Third quarter 2021 Adjusted EBITDA of $ 1.6 million , an increase of 76 % over the same period in 2020 Client count increase of 42 % to 270 as at Sept. 30 , 2021 , compared to 190 as at Sept. 30 , 2020 ; includes a total of 12 embedded solutions clients Completed a $ 125.0 million Initial Public Offering on the Toronto Stock Exchange Subsequent to quarter end , completed the acquisition of LIFT session and ALAVIDA to further enhance the LifeSpeak technology platform , service offering and client base Toronto , ON - November 10 , 2021 - LifeSpeak Inc. ( " LifeSpeak " or the " Company " ) ( TSX : LSPK ) , the mental health and total wellbeing platform for employee and customer - focused organizations , today announced its unaudited three and nine month financial and operational results for the period ended September 30 , 2021 , marking its first full quarterly results as a public company . All references to dollar values in this press release are in Canadian dollars , unless otherwise indicated . " Our third quarter was an exciting period for LifeSpeak , with many significant achievements in all aspects of the business , " said Michael Held , CEO and Founder of LifeSpeak . " Our underlying fundamentals remained strong , and we continued to meaningfully increase our client base and Annual Recurring Revenue , while also completing our Initial Public Offering . Subsequent to quarter end , we completed the acquisitions of LIFT session and ALAVIDA , demonstrating our commitment to executing on our strategy of acquiring high - quality , additive technologies and services that augment our platform . We believe that our mental health and total wellbeing platform for employee and customer - focused organizations provides significant value to our clients , and our quarterly results continue to reflect that . " Consolidated Business Highlights for the Three and Nine Months Ended September 30 , 2021 ( All capitalized terms not defined herein shall have the meaning ascribed to them in the Management's Discussion and Analysis for the three and nine months ended September 30 , 2021 , unless otherwise stated ) On July 6 , 2021 , completed a $ 125.0 million Initial Public Offering of shares on the Toronto Stock Exchange and subsequently repaid $ 10 million of non - revolving term loan . Third quarter 2021 revenue reached $ 5.9 million , an increase of 135 % compared to the same period in 2020 , representing a continuing trend of growth in the adoption of the Company's platform . Nine - month 2021 revenue reached $ 16.4 million , an increase of 138 % compared to the same period in 2020 . Annual Recurring Revenue ( ARR ) of $ 24.0 million as at September 30 , 2021 , an increase of 128 % over the same date in 2020 , representing a continuing trend of growth in ARR . Third quarter 2021 Adjusted EBITDA of $ 1.6 million , an increase of $ 0.7 million , or 76 % , over the same period in 2020 . 1