Mobiquity Technologies Inc (PK:MOBQ)

Sector:  Consumer Cyclicals Industry:  Advertising & Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: 35 Torrington Lane
SHOREHAM NY 11786
Tel: N/A
Website: https://mobiquitytechnologies.com
IR: See website
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Key People
Gene Z. Salkind
Chairman of the Board
Dean L. Julia
President, Chief Executive Officer, Co-Founder, Treasurer, Director
Sean J. Mcdonnell
Chief Financial Officer
Paul Bauersfeld
Chief Technology Officer
Sean Trepeta
Company Secretary, President of Mobiquity Networks, Inc
 
Business Overview
Mobiquity Technologies, Inc. is a platform-as-a-service (PaaS) company for data and advertising. The Company operates through its software platforms in the programmatic advertising space. Its product solutions are comprised of three software platforms, which include advertising technology operating system (ATOS) platform, data intelligence platform, and publisher platform for monetization and compliance. ATOS platform blends artificial intelligence (AI) and machine learning (ML) based optimization technology for automatic ad serving that manages digital advertising inventory and campaigns. The data intelligence platform provides precise data and insights on consumers' real-world behavior and trends for use in marketing and research. The publisher platform is a single-vendor ad tech operating system that allows publishers to better monetize their opt-in user data and advertising inventory. The platform includes tools for consent management, audience building, and inventory enhancement.
Financial Overview
For the fiscal year ended 31 December 2023, Mobiquity Technologies Inc revenues decreased 79% to $860K. Net loss decreased 19% to $6.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Loss on extinguishment of debt - related decrease of 54% to $396K (expense), Loss on disposal of fixed assets decrease of 81% to $1K (expense).
Employees: 12 as of Jan 31, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $4.28M as of Dec 31, 2023
Annual revenue (TTM): $0.86M as of Dec 31, 2023
EBITDA (TTM): -$4.86M as of Dec 31, 2023
Net annual income (TTM): -$6.53M as of Dec 31, 2023
Free cash flow (TTM): -$6.55M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 5,156,333 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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