• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Emerging Technology Market
    Emerging Technology News
    Emerging Technology Stocks
    • Emerging Technology Market
    • Emerging Technology News
    • Emerging Technology Stocks

    AcuityAds Holdings Releases Q4 and Full Year 2015 Financial Results

    Morag Mcgreevey
    Mar. 11, 2016 07:05AM PST
    Emerging Technology

    AcuityAds Holdings Inc.(CVE:WLD.P) has released its financial results for the fourth quarter and full year ended Dec. 31, 2015.

    AcuityAds Holdings Inc. (TSXV:AT) has released its financial results for the fourth quarter and full year ended Dec. 31, 2015.
    According to the press release:

    ā€œ2015 was a year of significant achievements for our Company. We saw full year revenues climb by over 50% and in Q4, we posted our first EBITDA positive quarter as a public company,ā€ said Tal Hayek, CEO of AcuityAds. ā€œIn Addition, the Company continues to be well positioned with a solid balance sheet, industry leading technology, a team of world-class professionals and hundreds of top-tier customers from all over the globe to help facilitate our continued growth.ā€
    Fourth Quarter Financial Highlights
    Total revenue for Q4 2015 increased by 73% to $7,591,957, compared to $4,395,563 in Q4 2014. Q4 is a seasonally strong quarter. The Company anticipates a seasonal revenue decline in the first quarter of 2016. SaaS-based Self-Service revenue for Q4 2015 increased by 400% to $3,658,461, compared to $730,477 in Q4 2014. SaaS-based Self-Service revenue represented 48% of overall revenue in Q4 2015 compared to 17% in the same period last year. US revenue for Q4 2015 increased by 132% to $2,811,258 compared to $1,209,707 in Q4 2014. Revenue less media costs remained strong at 46% for Q4 2015 and 49% for the twelve months ended December 31, 2015. While total revenue grew by 73% for the quarter, the operating expenses for the quarter remained flat compared to Q4 2014. The Company delivered a positive adjusted EBITDA of $261,506 in Q4 2015, compared to an adjusted EBITDA loss of $864,051 in Q4 2014. Net loss and comprehensive loss for Q4 2015 decreased by 47% to $784,733, compared to a net loss of $1,485,902 in Q4 2014. As at December 31, 2015, the Company’s cash and restricted cash balance was $4,502,754 compared to $1,003,626 as at September 30, 2015.

    Click here to read the full press release.

    Ā 

    financial results
    The Conversation (0)

    Go Deeper

    AI Powered

    AMD Reports Second Quarter 2025 Financial Results

    Snap Inc. Announces Second Quarter 2025 Financial Results

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    Ɨ