Cloudastructure Announces Direct Listing on the Nasdaq Capital Market; Shares Begin Trading Under the Symbol CSAI
Cloudastructure (NASDAQ: CSAI), a cloud-based video surveillance platform with AI and computer vision analytics, announced the commencement of trading on the Nasdaq Capital Market. The company operates at the intersection of AI, Public Cloud, and Security markets, which are growing at 19%, 20.7%, and 11% annually, respectively.
The company reported significant revenue growth compared to 2023: 214% in Q1, 115% in Q2, and 54% in Q3. Cloudastructure has secured 5 of the top 10 NMHC-ranked multifamily management companies as clients, controlling over 10,000 locations, with the capacity to onboard approximately 20 locations monthly. The company expects to become cash flow positive in 2025. Maxim Group served as the exclusive financial advisor for the direct listing.
Cloudastructure (NASDAQ: CSAI), una piattaforma di videosorveglianza basata su cloud con analisi AI e computer vision, ha annunciato l'inizio delle contrattazioni sul mercato Nasdaq Capital. L'azienda opera all'intersezione dei mercati AI, Public Cloud e Sicurezza, che stanno crescendo rispettivamente del 19%, 20,7% e 11% all'anno.
L'azienda ha riportato una significativa crescita dei ricavi rispetto al 2023: 214% nel Q1, 115% nel Q2 e 54% nel Q3. Cloudastructure ha acquisito 5 delle prime 10 aziende di gestione multifamiliare classificate dal NMHC come clienti, controllando oltre 10.000 ubicazioni, con la capacità di adottare circa 20 ubicazioni mensili. L'azienda prevede di diventare positiva in flussi di cassa nel 2025. Il Maxim Group ha fungito da consulente finanziario esclusivo per la quotazione diretta.
Cloudastructure (NASDAQ: CSAI), una plataforma de videovigilancia en la nube con análisis de IA y visión por computadora, anunció el inicio de las negociaciones en el mercado Nasdaq Capital. La empresa opera en la intersección de los mercados de IA, Nube Pública y Seguridad, que están creciendo anualmente un 19%, 20.7% y 11%, respectivamente.
La compañía reportó un crecimiento significativo de ingresos en comparación con 2023: 214% en el Q1, 115% en el Q2 y 54% en el Q3. Cloudastructure ha asegurado 5 de las 10 principales empresas de gestión multifamiliar clasificadas por NMHC como clientes, controlando más de 10,000 ubicaciones, con la capacidad de incorporar aproximadamente 20 ubicaciones mensualmente. La empresa espera ser positiva en flujo de caja en 2025. Maxim Group actuó como el asesor financiero exclusivo para la cotización directa.
클라우드스트럭처 (NASDAQ: CSAI)는 AI 및 컴퓨터 비전 분석을 갖춘 클라우드 기반 비디오 감시 플랫폼으로, 나스닥 자본 시장에서의 거래 시작을 발표했습니다. 이 회사는 각각 연간 19%, 20.7%, 11%로 성장하고 있는 AI, 공공 클라우드 및 보안 시장의 교차점에서 운영되고 있습니다.
회사는 2023년과 비교하여 상당한 수익 성장률을 보고했습니다: Q1에서 214%, Q2에서 115%, Q3에서 54%. 클라우드스트럭처는 NMHC에서 순위가 매겨진 상위 10개 다세대 관리 회사 중 5곳을 고객으로 확보하여 10,000개 이상의 위치를 관리하고 있으며, 매달 약 20개의 위치를 온보드할 수 있는 능력을 보유하고 있습니다. 이 회사는 2025년까지 현금 흐름이 긍정적이 될 것으로 예상하고 있습니다. Maxim Group은 직접 상장에 대한 독점 금융 자문을 제공했습니다.
Cloudastructure (NASDAQ: CSAI), une plateforme de vidéosurveillance basée sur le cloud avec des analyses en IA et en vision par ordinateur, a annoncé le début des négociations sur le marché Nasdaq Capital. L'entreprise opère à l'intersection des marchés de l'IA, du Cloud public et de la sécurité, qui connaissent une croissance annuelle de 19 %, 20,7 % et 11 %, respectivement.
L'entreprise a signalé une croissance significative de ses revenus par rapport à 2023 : 214 % au Q1, 115 % au Q2 et 54 % au Q3. Cloudastructure a sécurisé 5 des 10 principales entreprises de gestion multifamiliale classées par NMHC en tant que clients, contrôlant plus de 10.000 sites, avec la capacité d'intégrer environ 20 sites par mois. L'entreprise s'attend à devenir positive en flux de trésorerie en 2025. Maxim Group a agi en tant que conseiller financier exclusif pour la cotation directe.
Cloudastructure (NASDAQ: CSAI), eine cloudbasierte Videoüberwachungsplattform mit KI- und Computer-Vision-Analysen, gab den Beginn des Handels am Nasdaq Capital Market bekannt. Das Unternehmen operiert an der Schnittstelle der Märkte für KI, Public Cloud und Sicherheit, die jährlich um 19 %, 20,7 % und 11 % wachsen.
Das Unternehmen berichtete von einem signifikanten Umsatzwachstum im Vergleich zu 2023: 214 % im Q1, 115 % im Q2 und 54 % im Q3. Cloudastructure hat 5 der Top 10 der NMHC-gelistenen Mehrfamilienmanagementunternehmen als Kunden gewonnen, kontrolliert über 10.000 Standorte und hat die Kapazität, etwa 20 Standorte monatlich zu integrieren. Das Unternehmen erwartet, 2025 positiv im Cashflow zu sein. Maxim Group fungierte als exklusiver Finanzberater für den direkten Börsengang.
- Achieved significant revenue growth: 214% in Q1, 115% in Q2, and 54% in Q3 2024 vs 2023
- Secured 5 of top 10 NMHC-ranked multifamily management companies as clients
- Controls over 10,000 locations with capacity to onboard 20 locations monthly
- Projects becoming cash flow positive in 2025
- Successfully listed on Nasdaq Capital Market
- Sequential quarterly revenue growth showing declining trend (214% to 115% to 54%)
Insights
Cloudastructure's direct listing on Nasdaq marks a strategic move that differs significantly from traditional IPOs by avoiding underwriting fees and share dilution while providing immediate market access. The company's impressive growth trajectory, evidenced by triple-digit revenue increases in early 2024, demonstrates strong market validation of their AI-powered security solutions.
The company's strategic positioning is particularly noteworthy. By securing contracts with 5 of the top 10 NMHC-ranked multifamily management companies, they've established a formidable presence in a high-value market segment. Their current capacity to onboard 20 locations monthly suggests a well-structured scaling mechanism, though this could become a bottleneck given their access to 10,000+ potential locations.
Operating at the convergence of three high-growth markets provides multiple revenue expansion vectors:
- AI market (
$500B ,19% growth) - Cloud computing (
$490B ,20.7% growth) - Security sector (
$188B ,11% growth)
The projected path to cash flow positivity in 2025 appears realistic given their robust pipeline and high-value enterprise clients. However, investors should monitor key metrics including client acquisition costs, churn rates and deployment efficiency as these will be important for achieving sustainable profitability.
The direct listing structure could lead to higher initial price volatility compared to traditional IPOs, as price discovery occurs in real-time without a formal underwriting process. This might present both opportunities and risks for early investors as the market determines appropriate valuation metrics for this hybrid AI-security company.
Highlights Promising Outlook - Robust Pipeline and Strong Revenue Growth Momentum
PALO ALTO, Ca, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”), a cloud-based video surveillance platform with artificial intelligence (“AI”) and computer vision analytics, today announced that trading of Cloudastructure’s Class A common shares (the “common shares”) commenced today on the Nasdaq Capital Market under the stock ticker symbol CSAI.
“We are pleased to announce that Cloudastructure’s common shares are now trading on the Nasdaq Capital Market,” said James McCormick, Chief Executive Officer of Cloudastructure. “This milestone represents a transformative moment for our Company, providing an opportunity to showcase our innovative, AI-driven, cloud-based security solutions to a wider audience of investors. Listing on Nasdaq elevates our visibility and reinforces our commitment to revolutionizing intelligent security with scalable, cost-effective technology as we strive to set the global standard in AI-powered surveillance. This achievement is a testament to the dedication and hard work of the entire Cloudastructure team. Today marks the beginning of an exciting new chapter, and we look forward to the opportunities that lie ahead.”
“Cloudastructure is strategically positioned at the intersection of three of the world’s fastest-growing industries: Artificial Intelligence, Public Cloud, and Security. The global AI market, has been estimated by some analysts to be at
"As of September 30, 2024, our sales pipeline was extremely robust, as evidenced by three consecutive quarters of extraordinary revenue growth compared to the same periods in 2023—
“Cloudastructure is entering a pivotal and promising phase in its journey. With a strong foundation built on innovative AI-driven technology and a robust sales pipeline, the Company is well-positioned to capitalize on its momentum. As we continue to scale operations, expand our client base, and drive sustainable growth, we remain committed to delivering exceptional long-term value to our shareholders, as well as setting new benchmarks in intelligent security solutions. The future for Cloudastructure is bright, and this is only the beginning,” concluded Mr. McCormick.
Maxim Group LLC acted as the exclusive financial advisor to Cloudastructure in connection with the direct listing.
ABOUT CLOUDASTRUCTURE
Headquartered in Palo Alto, California, Cloudastructure’s advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a
Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections, and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties, and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
Kathleen@cloudastructure.com.
(704) 574-3732
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
CSAI@crescendo-ir.com
FAQ
What was Cloudastructure's (CSAI) revenue growth in Q1-Q3 2024?
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