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10-Q: Q1 2024 Earnings Report

10-Q: Q1 2024 Earnings Report

10-Q:2024财年一季报
美股SEC公告 ·  05/21 04:08

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Mobiquity Technologies, a leading advertising technology and data intelligence company, reported financial results for the first quarter ended March 31, 2024. The company saw a significant increase in revenue, reaching $263,282 compared to $132,224 in the same period last year, attributed to an uptick in political revenue. Cost of revenues stood at $211,269, resulting in a gross profit of $52,013. Operating expenses decreased to $1,101,111 from $1,425,747 year-over-year, primarily due to reduced professional fees and licenses. The net loss before income taxes improved to $1,101,584 from $1,716,804 in the previous year. The company's business development efforts included the enhancement of its advertising technology operating system (ATOS) and data intelligence platform, MobiExchange, which are expected to drive revenue growth. Looking ahead, Mobiquity Technologies plans to expand its sales team to target advertising agencies, brands, and publishers, aiming to become the industry standard for programmatic display advertising for small and medium-sized advertisers.
Mobiquity Technologies, a leading advertising technology and data intelligence company, reported financial results for the first quarter ended March 31, 2024. The company saw a significant increase in revenue, reaching $263,282 compared to $132,224 in the same period last year, attributed to an uptick in political revenue. Cost of revenues stood at $211,269, resulting in a gross profit of $52,013. Operating expenses decreased to $1,101,111 from $1,425,747 year-over-year, primarily due to reduced professional fees and licenses. The net loss before income taxes improved to $1,101,584 from $1,716,804 in the previous year. The company's business development efforts included the enhancement of its advertising technology operating system (ATOS) and data intelligence platform, MobiExchange, which are expected to drive revenue growth. Looking ahead, Mobiquity Technologies plans to expand its sales team to target advertising agencies, brands, and publishers, aiming to become the industry standard for programmatic display advertising for small and medium-sized advertisers.
领先广告科技和数据情报公司Mobiquity Technologies公布了2024年3月31日截至的第一季度财报。该公司收入显著增长,达到263,282美元,同比去年同期的132,224美元有所增长,该增长主要归因于政治收入的增加。营业费用为211,269美元,毛利润为52,013美元。营业费用从去年同期的1,425,747美元降至1,101,111美元,主要是由于专业费用和许可证的减少。税前净亏损从去年的1,716,804美元改善至1,101,584美元。该公司的业务发展重点包括增强其广告技术操作系统(ATOS)和数据情报平台MobiExchange,预计将推动营收增长。展望未来,Mobiquity Technologies计划扩大销售团队,针对广告代理、品牌和出版商,力争成为中小广告客户程序化展示广告的行业标准。
领先广告科技和数据情报公司Mobiquity Technologies公布了2024年3月31日截至的第一季度财报。该公司收入显著增长,达到263,282美元,同比去年同期的132,224美元有所增长,该增长主要归因于政治收入的增加。营业费用为211,269美元,毛利润为52,013美元。营业费用从去年同期的1,425,747美元降至1,101,111美元,主要是由于专业费用和许可证的减少。税前净亏损从去年的1,716,804美元改善至1,101,584美元。该公司的业务发展重点包括增强其广告技术操作系统(ATOS)和数据情报平台MobiExchange,预计将推动营收增长。展望未来,Mobiquity Technologies计划扩大销售团队,针对广告代理、品牌和出版商,力争成为中小广告客户程序化展示广告的行业标准。
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