Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3024 SIERRA JUNIPER COURT LAS VEGAS NV 89138 |
Tel: | N/A |
Website: | https://www.verb.tech |
IR: | See website |
Key People | ||
Rory J. Cutaia Chairman of the Board, President, Chief Executive Officer, Treasurer, Company Secretary | Bill J. Rivard Interim Chief Financial Officer |
Business Overview |
Verb Technology Company, Inc. is a software-as-a-service (SaaS) applications platform developer. Its SaaS platform for the direct sales industry is comprised of a suite of video-based sales enablement business software products marketed on a subscription basis. Available in both mobile and desktop versions, verbCRM is a fully integrated application modules that include, verbLEARN, its gamified learning management system application. Its verbLIVE is a live stream e-commerce application. Its verbPULSE is business/augmented intelligence notification and sales coach application. Its verbTEAMS is a standalone, self-onboarding, video-based CRM and content management application for life sciences companies, professional sports teams, small businesses, and solopreneurs, with one-button synchronization with Salesforce, that also comes bundled with verbLIVE. Its MARKET.live is a multi-vendor, multi-presenter, livestream social shopping platform, that combines e-commerce and entertainment. |
Financial Overview |
For the fiscal year ended 31 December 2023, Verb Technology Company Inc revenues increased from $8K to $63K. Net loss applicable to common stockholders excluding extraordinary items decreased 7% to $15M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects General and administrative - Balancing decrease of 35% to $11.2M (expense). |
Employees: | 23 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $14.97M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.06M as of Dec 31, 2023 |
EBITDA (TTM): | -$10.81M as of Dec 31, 2023 |
Net annual income (TTM): | -$15.01M as of Dec 31, 2023 |
Free cash flow (TTM): | -$10.90M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 79,300,791 as of Mar 28, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |