Aiadvertising Inc - AIAD STOCK NEWS

AiAdvertising (OTC: AIAD) reported a 2022 revenue increase to $7.1 million, reflecting a 3% growth year-over-year. Q4 revenue hit $2.4 million, a 33% sequential rise from Q3's $1.8 million. Notably, platform license revenues soared by 561% from Q1 to Q4 2022, indicating strong adoption of their SaaS solution, the Campaign Performance Platform (CPP). The company anticipates achieving cash flow break-even by Q1 2023, bolstered by favorable customer performance metrics.

AiAdvertising (OTC: AIAD) has launched a new investor relations (IR) website aimed at improving communication with investors. The dynamic and user-friendly site features enhanced content, including press releases, SEC filings, corporate governance details, and an IR calendar. CEO Jerry Hug highlights the site's importance in reflecting the company's growth ambitions in the AdTech sector and better informing investors about their strategic vision. The platform aims to eliminate waste and maximize digital ad spend efficiency.

AiAdvertising, Inc. (OTC: AIAD) reported a 4% revenue increase to $1.9 million in Q3’22, with a 19% sequential rise from Q2’22. Platform License revenues surged 817% over nine months, totaling $0.5 million. The company signed a significant contract with GloriFi and achieved notable success with BioHarvest Sciences. However, gross profit fell to 3% of revenues, down from 22% year-over-year, leading to a net loss of $2 million. Cash reserves decreased to $0.2 million, raising concerns about liquidity despite a $10 million credit line.

AiAdvertising, Inc. (OTC: AIAD) has reported early successes in driving growth for the Act! CRM and Marketing Automation Platform through the application of artificial intelligence (AI) and machine learning (ML). Their collaboration focuses on audience creation and persona-driven targeting, which has led to increased lead volumes and reduced acquisition costs. Act!'s CMO emphasized that partnerships with AiAdvertising support their growth goals and enhance marketing efficacy. The AIAD CEO highlighted the platform's end-to-end solutions that deliver transparency and optimize campaign performance.

AiAdvertising, Inc. (OTC: AIAD) has partnered with GloriFi to implement its Campaign Performance Platform (CPP) to enhance GloriFi's pro-America consumer offerings. GloriFi, which aims to empower consumers to align their finances with their values, recently entered into a business combination agreement with DHC Acquisition Corp. (NASDAQ: DHCA) to become publicly listed. The collaboration is expected to significantly improve GloriFi's client acquisition and member growth, enhancing shareholder value as they target a 100 million audience with a lower customer acquisition cost.

AiAdvertising, Inc. (OTC: AIAD) has reported significant success in its partnership with BioHarvest Sciences (CSE: BHSC) over the Google advertising of its VINIA supplement. Since the partnership began in April 2022, VINIA has achieved a 180% revenue increase from Google ad spend and a 48% higher Return on Ad Spend (ROAS). The overall ROAS has improved by 90% as of September 2022, leading BioHarvest to double its Google ad budget. AiAdvertising's Campaign Performance Platform has been pivotal in driving these results, showcasing the effectiveness of AI in digital marketing.

AiAdvertising, Inc. (OTC: AIAD), a leading AdTech company, has secured its largest contract to date with a fintech unicorn. This multi-million dollar agreement will involve the implementation of its Campaign Performance Platform (CPP) for the fintech's upcoming product launch. The CPP, which is a cloud-hosted subscription-based Ad Management solution, aims to streamline digital advertising campaigns by consolidating various services into a single platform. CEO Jerry Hug emphasized the opportunity to showcase the platform's efficiency for brands managing substantial budgets.

AiAdvertising, Inc. (OTC: AIAD) has engaged MZ Group to enhance its investor relations and financial communications strategy. The collaboration aims to boost visibility in capital markets, utilizing the company's Campaign Performance Platform (CPP), which has generated over $5 million in annualized revenue from nine new agreements this year. With a shift to an AI-as-a-Service model, AiAdvertising targets increased recurring revenue. This initiative is part of broader efforts to rebrand and prepare for a potential uplist to a national exchange.

AiAdvertising, Inc. (OTC: AIAD) has launched a comprehensive rebranding initiative, including a new corporate website, to reflect its growth in the AI-as-a-Service sector within AdTech. The updated website enhances user experience while promoting the Campaign Performance Platform, a pioneering cloud-hosted ad management solution. CEO Jerry Hug emphasized the company’s leadership in integrating AI with marketing analytics to drive ROI. This initiative aims to strengthen its market presence and support future scaling efforts.