The global personalisation technology company, Phorm, has caught our eye again, not least because the stock was up...er...69 per cent at pixel... The excitement can be pinned on this: Turkish Operations Update Phorm previously announced on 27 September that key performance indicators were showing strong growth. The Company is pleased to announce that this growth is continuing and in, some cases, strengthening. Phorm is pleased to announce that the number of daily active users has risen to 1.4 million while monthly opted in users have risen to 4.4m. Phorm's publisher network continues to expand. The Company previously announced that it had received an average of 40 million requests per day in August; in September this grew to over 70 million requests per day and, as a result, the Company received a total of over 2.1 billion advertising requests during the month. The number of advertising impressions served by the Company has also increased significantly. In August the Company served 67 million impressions, this has grown by 89% to 126 million during the month of September. In addition to receiving excellent feedback, Phorm is also delighted to announce that advertisers are rebooking campaigns reflecting the positive experience that they have had. The Company is focused on building its revenue based on these excellent results and plans to update the market about Turkey on a quarterly basis going forwards. In addition, the Company will provide an update on progress in China very shortly. ends- That's not where this story ends, of course. Phorm has burnt through $238m to date. It tapped shareholders in 2008 and then again in 2009, and then again in 2010, and then again in 2011, and then again in 2012, and then again in 2013. At current burn rates, its cash will have shrunk to about $3.2m by end-December. If you want to participate in the next fund raising, adviser details are here.