Verb Technology Company Inc (OQ:VERB)

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
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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

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