ADCORE INC. - ADCOF STOCK NEWS

Adcore Inc. (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a leading e-commerce advertising management and automation platform, has announced its participation in the 2024 Cantech Letter Investment Conference. The event is scheduled for October 9th at 1pm ET at the Arcadian Loft, 401 Bay Street, Toronto, ON.

This conference provides emerging technology companies with an opportunity to showcase their innovations and growth strategies. Participants will also have the chance to engage in one-on-one meetings with investors and capital markets professionals.

Adcore, known for its 'Effortless Marketing' approach, leverages digital marketing in an accessible way. The company's presentation at this event aligns with its goal of highlighting its position in the e-commerce advertising sector.

For more details about the conference, interested parties can visit the official website at https://www.cantechletter.com/conference/

Adcore Inc. (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a leading e-commerce advertising management and automation platform, will present at the Planet MicroCap Showcase in Vancouver on Wednesday, September 25, 2024, at 11 am PST. The event will take place at the Fairmont Waterfront in Vancouver, British Columbia, Canada.

Investors can register for the showcase and book 1x1 meetings with Adcore at https://planetmicrocapshowcase.com/signup. The presentation will be webcast live at https://www.webcaster4.com/Webcast/Page/3056/50998. Additionally, interested parties can view an interview with Adcore's CEO at https://www.youtube.com/watch?v=tCBReqShQvI.

This presentation offers an opportunity for investors to learn more about Adcore's 'Effortless Marketing' platform, which aims to make digital marketing more accessible and effortless for e-commerce businesses.

Adcore Inc. (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a leading E-commerce advertising management and automation platform, has been appointed by Munro Footwear Group, one of Australia's largest footwear retailers with over 10 brands, to lead their performance marketing efforts. Adcore will utilize its Feeditor app to optimize and curate creative feeds, managing Munro's campaigns across various digital channels.

Omri Brill, Adcore's CEO, expressed enthusiasm about the partnership, highlighting the company's track record in performance marketing and E-commerce client empowerment. Amy Baird, Munro Footwear Group's Head of Marketing, stated that the collaboration with Adcore aligns with their ambitious E-commerce growth goals.

Adcore Inc. (TSX:ADCO, OTCQX:ADCOF) reported its Q2 2024 financial results, showing a 4% decrease in revenue to CAD$6.6 million compared to Q2 2023. Despite this, the company maintained robust gross margins of 44%, up from 43% in the previous year. Notably, North America revenue grew by 22% to CAD$2 million, while EMEA revenue declined by 27%. The company's Media Blast app, launched 12 months ago, has already achieved an ARR of CAD$1 million. Adcore's CEO, Omri Brill, emphasized the company's strong financial position to execute its long-term growth strategy and develop its digital marketing technology. The adjusted EBITDA for Q2 2024 was negative CAD$173,000, compared to positive CAD$112,000 in Q2 2023.

Adcore Inc. (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a leading e-commerce advertising management and automation platform, has announced its plans to release Q2 2024 financial results on August 14, 2024, before the market opens. The company will host a conference call and webcast at 10:00 a.m. ET on the same day to discuss the results.

Investors and interested parties can register for the conference call/webcast through the provided link. The call will feature a brief statement from management, followed by a Q&A session. Questions can be submitted in advance to invest@adcore.com.

Adcore, a leading e-commerce advertising management and automation platform, announced the results of its annual shareholders meeting held on June 20, 2024, in Toronto. All five director nominees listed in the May 20, 2024 management information circular were elected, each receiving 99.73% of votes. The directors Omri Brill, Roy Nevo, Sukvinder (Sokhie) Puar, Ronnie Jaegermann, and Nancy Goertzen will serve until the next annual meeting. Additionally, shareholders approved the appointment of Ziv Haft, Certified Public Accountants (Isr.), BDO Member Firm, as the company's auditor, with 98.82% of the votes in favor.

Adcore has launched a new version of its corporate website, aimed at enhancing user experience and showcasing its extensive range of innovative marketing solutions. The revamped site offers streamlined navigation and an intuitive interface, making it easier for clients to explore services like marketing cloud apps and case studies. Additionally, Adcore introduced two new solutions: Marketing Data & Analytics and Brand Awareness Marketing. These new offerings include advanced tools such as CTV, Programmatic Advertising, and Digital Billboards, designed to meet the growing demands of enterprise clients in the digital marketing landscape.

Adcore (TSX: ADCO, OTCQX: ADCOF, FSE: ADQ) reported a 13% YoY increase in gross profit to CAD$3.1 million for Q1 2024, with a notable gross margin improvement from 40% to 45%. Adjusted EBITDA rose by 196% to CAD$201,000, evidencing significant operational gains. Revenue saw a modest increase of 1% to CAD$6.9 million. Regional performance was mixed: North America grew by 30%, APAC rose by 8%, but EMEA declined by 18%. Net cash flow from operations improved to CAD$13,000. Operations were bolstered by increased global sales staff and a strong balance sheet. Share repurchases reduced outstanding shares by 3.1%.

Adcore Inc. (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ) will release its Q1 2024 financial results on May 15, 2024, followed by a conference call and webcast to discuss the results. The company is a leading e-commerce advertising platform specializing in digital marketing. Investors can register for the event to get insights from management and ask questions about Adcore's performance.