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 |
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 |