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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AcuityAds Holdings Inc | TSXV:AT | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.61 | 1.60 | 1.61 | 0 | 01:00:00 |
- Q4 Revenue Increased 73% Year over Year with Positive Adjusted EBITDA -
- Full Year 2015 Revenue Growth of 52% Year over Year -
TORONTO and NEW YORK, March 11, 2016 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds" or "Company"), a technology leader that provides targeted digital media solutions enabling advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns, today announced financial results for the fourth quarter and full year ended December 31, 2015.
"2015 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," said Tal Hayek, CEO of AcuityAds. "In 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."
Fourth Quarter Financial Highlights
2015 Financial Highlights
Fourth Quarter Operational Highlights
Subsequent To The Quarter
On March 10th, the Company issued an aggregate of 88,500 Deferred Share Units ("DSUs") pursuant to the Company's Deferred Share Unit Plan to the six independent directors of the Company, in lieu of quarterly cash compensation. In addition, an aggregate of 223,800 DSUs were issued to certain executives of the Company, in lieu of cash bonus compensation.
About AcuityAds:
AcuityAds has developed a Programmatic Marketing Platform powered by proprietary machine learning technology that allows advertisers to target and connect intelligently with their audiences across online display, video, social and mobile campaigns. With sales operations in New York, Boston, Los Angeles, Toronto and Montreal, Acuity's customers range from large Fortune 500 enterprises to small and mid-sized businesses. For more information, visit www.acuityads.com.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, AcuityAds does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE AcuityAds Inc.
Copyright 2016 Canada NewsWire
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