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• points Points International Reports Third Quarter 2021 Results Revenue Increased 132 % Year - Over - Year- - Gross Profit Increased 117 % Year - Over - Year , Represents Fourth Sequential Quarter of Growth - - Continued Execution on Pipeline Further Expands Footprint by Geographies and Verticals - - TORONTO – November 10 , 2021 - Points International Ltd. ( TSX : PTS ) ( Nasdaq : PCOM ) ( Points or the Company ) , the global leader in powering loyalty commerce , is reporting financial results for the third quarter ended September 30 , 2021 . Unless otherwise noted , all amounts are in USD . The complete third quarter Condensed Consolidated Interim Financial Statements and Management's Discussion & Analysis are available at www.sedar.com and www.sec.gov . " We continued to generate year - over - year revenue and profitability improvements during the third quarter , aided by sustained recovery tailwinds across the travel and hospitality industries , ” said Rob MacLean , CEO of Points . " Transaction levels generated from our marketing efforts as well as our ' baseline ' activity more associated with near - term travel , continued to show significant improvement over last year . Importantly , we drove our fourth sequential quarter of gross profit growth . Though delta variant concerns briefly impacted our performance late in the quarter , these impacts have since subsided and appear to have been more of a temporary headwind . While we continue to monitor recovery trends closely , we believe we are well - positioned to continue executing on our growth drivers and our robust pipeline opportunities . " " During the third quarter , we meaningfully expanded several North American and international partnerships , demonstrating continued execution on our core growth drivers . On a product level , we continued to gain traction with our new subscription and Accelerate Anything services , both of which grant program members greater non- travel optionality for how they earn their miles . Based on our successful business development activity over the last 18 months , we are emerging from the pandemic with a larger product and partner base in market , and I am extremely proud of our ability to both support our existing partners and progress on business development around the globe . " MacLean concluded : " As we emerge from last year's pandemic - related impacts , we believe we are seeing a marked change in the posture and objectives of our loyalty program partners , who recognize the strength of their business and are looking to drive significant growth in the future . Looking further ahead and evaluating our position within the loyalty industry , the new and more aggressive posture from our loyalty program partners gives us confidence in the long term growth potential of our business . While the pandemic has temporarily delayed the execution of our financial objectives in the near term , we believe the growth targets we provided before the pandemic remain achievable , and we continue to evaluate the timing of these targets as the travel recovery continues to take shape . We will work to continue executing on our strategic growth drivers and building upon the strong operational foundation we have maintained across our organization . "