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AcuityAds Holdings Inc. (ACUIF) announced its common shares will be added to the S&P/TSX Composite Index effective March 22, 2021. This inclusion marks a significant achievement, enhancing the company's visibility within the investment community. CEO Tal Hayek expressed gratitude for the team's efforts and emphasized the added value for shareholders. AcuityAds is recognized for its digital media solutions and proprietary technology, illumin™, which optimizes advertising spend through programmatic capabilities. The company operates globally, providing integrated advertising solutions.
AcuityAds Holdings Inc. (OTCQX: ACUIF) will participate in the Virtual 33rd Annual Roth Conference from March 15-17, 2021. CEO Tal Hayek will represent the company, which specializes in targeted digital media solutions. The conference connects institutional and venture capital investors with growth companies across various sectors, including technology and healthcare. AcuityAds, headquartered in Toronto, provides marketers with a comprehensive platform, illumin™, integrating advertising planning and execution with advanced AI capabilities.
AcuityAds Holdings Inc. (ACUIF) announced on March 4, 2021, a new contract with Purina Animal Nutrition LLC for its advertising automation platform, illumin. This platform, launched on October 1, 2020, allows advertisers to plan, buy, and analyze campaigns from one interface, improving consumer journey insights. AcuityAds aims to optimize Purina's advertising strategy and enhance customer engagement. CEO Tal Hayek noted that more than 15 clients, including Fortune 500 brands, are now utilizing illumin, highlighting its growing adoption in various industries.
AcuityAds Holdings reported Q4 2020 revenue of $35.1 million, a 9% decline year-over-year, but up 35% sequentially. Adjusted EBITDA for Q4 rose 30% to $7.8 million, with a net income increase of 109% to $4.2 million. For the full year, total revenue was $104.9 million, down 12% year-over-year; however, adjusted EBITDA surged 62.6% to $15.8 million. The Connected TV segment saw a remarkable growth of 287%. The company ended 2020 with strong working capital of $26.8 million, emphasizing a solid financial position amid pandemic challenges.
AcuityAds Holdings Inc. will announce its fourth quarter and full year 2020 financial results on March 2, 2021, before market open. A live video Zoom webcast, hosted by CEO Tal Hayek and CFO Jonathan Pollack, is scheduled for the same day at 8:30 AM ET. Investors can register for the conference call through AcuityAds' website. The company's innovative technology, illumin™, offers marketers a comprehensive digital advertising solution, focusing on privacy, brand safety, and fraud prevention.
AcuityAds Holdings Inc. (OTCQX: ACUIF) announced that Chief Strategy Officer Seraj Bharwani will present at the CMO roundtable on February 16, 2021, at 2:30pm EST. The event, hosted by Digiday, focuses on 'The Future of Omnichannel Consumer Journeys' and will include discussions on advertising strategies in a post-cookie environment. AcuityAds leverages proprietary technology to provide marketers with digital advertising solutions and is headquartered in Toronto with a global presence.
AcuityAds Holdings Inc. (OTCQX: ACUIF) announced their Chief Strategy Officer, Seraj Bharwani, will join Rob Towne from Purple Innovation on the Marketing Leaders' panel at Advertising Week 2020. The panel, set for 2:30 PM ET on October 5, 2020, will explore how Purple leveraged AcuityAds' new illumin™ platform, the first advertising automation technology for planning and execution. The platform officially launched on October 1, 2020, enhancing advertising efficiency and growth by connecting planning with real-time execution.
AcuityAds Holdings Inc. has launched the new advertising automation platform, illumin, designed to streamline digital advertising for marketers. This platform enhances campaign management through real-time programmatic capabilities, allowing users to visualize and execute customer journeys more efficiently. With over $100 million invested in its development, illumin aims to reduce wasted ad spend and improve attribution accuracy. The platform, which was successfully beta-tested by notable brands, is expected to democratize access to programmatic media buying and enhance return on advertising investments.
AcuityAds Holdings Inc. (OTCQX: ACUIF) announced the launch of its new advertising automation platform scheduled for October 1, 2020. This innovative platform aims to democratize programmatic advertising, making it accessible to a wider range of marketers. The platform has been successfully tested with major brands, including a Fortune 50 retailer and a top U.S. insurance group, showing improved campaign creation and ROI. CEO Tal Hayek expressed confidence that the platform will revolutionize the advertising industry during its 11:00 AM ET launch event.
AcuityAds Holdings Inc. (OTCQX: ACUIF) will present virtually at the LD 500 Conference on September 2, 2020, at 4:00 pm ET. CEO Tal Hayek will discuss significant corporate milestones, including the launch of a new Advertising Automation platform in October 2020 and financial growth despite the pandemic. The company also recently partnered with OverActive Media to enhance programmatic advertising for the esports audience. Interested participants can register for the event at ld500.ldmicro.com.
