Welcome to our dedicated page for SRAX A news (Ticker: SRAX), a resource for investors and traders seeking the latest updates and insights on SRAX A stock.
SRAX Inc. (OTC: SRAX) is a cutting-edge financial technology company based in Westlake Village, California, that leverages data and insights to empower publicly traded companies. Founded in 2009, SRAX offers a premier investor intelligence and communications platform known as Sequire.
Sequire allows companies to track and analyze their shareholders' behaviors and trends, offering valuable data-driven insights to enhance engagement and communication with investors across various marketing channels. The platform also facilitates the hosting of investor conferences, primarily within the micro and small-cap markets, to foster deeper connections and engagement among investors and issuers.
Despite recent challenges, including delisting from the NASDAQ market, SRAX has undergone significant restructuring to streamline operations and enhance efficiency. The company has reduced its workforce from 160 to just over 20 employees, which has helped in becoming more agile and focused on core business activities.
Financially, SRAX has made strides in improving transparency and operational performance. The company is optimistic about its 2022 and 2023 financial results, highlighting positive operating income as a key metric reflecting its true business performance.
On the partnership front, SRAX recently collaborated with XDEFI, a pioneering multichain cryptocurrency wallet, to integrate Web3 capabilities into its Sequire platform. This partnership enables SRAX's network of active equity investors to access decentralized applications and assets across multiple blockchains, significantly expanding their investment opportunities.
Moreover, SRAX is set to merge with DNA Holdings Venture Inc., a Web3 investment company. This merger is expected to bring new expertise and opportunities for SRAX in the decentralized finance and Web3 space, aiming to further solidify its leadership in the financial technology sector.
For more information about SRAX and its innovative solutions, please visit srax.com and mysequire.com.
SRAX (NASDAQ: SRAX) has unveiled its 2022 conference calendar, featuring industry-focused virtual events aimed at enhancing investor engagement. The season will commence with the Sequire Metals & Mining Conference on January 27, 2022, spotlighting opportunities in mining amidst rising electric vehicle demand. Other events include conferences on cannabis, tech, blockchain, and more throughout the year. The initiative aims to leverage learnings from previous conferences to deliver unique experiences for attendees while expanding partnerships and content.
On December 6, 2021, SRAX (NASDAQ: SRAX) successfully hosted the 2021 Sequire Clean Tech & Electric Vehicles Conference, a key virtual investor event highlighting advancements in clean technology. The conference showcased over 25 leading companies in the sector, featuring discussions on electric vehicles, energy, and materials. Significant panels included industry leaders and investors discussing the future of electric vehicles and investment trends for 2022. The presentations from key companies are available for viewing for three months on the conference website.
SRAX, Inc. (NASDAQ: SRAX) announces it will no longer consolidate BIGtoken, Inc. into its financials following its merger with BritePool, Inc. This merger, an all-stock transaction finalized today, allows SRAX to adjust its approximate $4M BIGtoken position quarterly. CEO Christopher Miglino emphasized that BIGtoken now operates as an independent entity, aiming to empower consumers to own their data. This strategic change reduces SRAX's financial obligations towards BIGtoken, potentially enhancing its financial health and allowing for more focused growth in its core business.
SRAX (NASDAQ: SRAX) has announced the first Sequire Clean Tech & EV Conference scheduled for December 6, 2021, from 8:00 am to 5:00 pm ET. This one-day event will showcase leading companies in Electric Vehicles, Energy, Power, Materials, Chemicals, and Food & Agriculture. The conference aims to facilitate networking and learning about sustainable practices in clean technology. Industry experts will discuss trends driven by the new infrastructure bill. Registration is available here.
SRAX, a financial technology company, has introduced VIRA™, an AI-driven Virtual Investor Relations Assistant aimed at enhancing communication between publicly traded companies and investors. This chatbot, designed for Sequire users, streamlines access to investor relations information by transforming complex financial data into an interactive Q&A format. Currently in beta, VIRA™ is learning from user interactions, allowing companies to customize its functionality for their websites. This launch represents an innovative step in improving investor engagement and communication.
SRAX, a financial technology firm, reported Q3 2021 revenue of $8.3M, marking a 219% year-over-year increase and 8% sequential growth. The company reaffirmed its guidance for Q4 revenue at $10.1M, with a total projected annual revenue of $31.5M. Sequire bookings reached $8.9M in Q3, with a record $12.5M for Q4. Gross margins improved to 79%, while EBITDA was $940K, reflecting a $2M increase from last year. SRAX also introduced new products and expanded its partner base to 250 companies.
SRAX, Inc. (NASDAQ: SRAX) is set to host a conference call on November 15th at 4:30 PM ET to discuss its Q3 2021 results. Founder and CEO Christopher Miglino and CFO Michael Malone will provide a financial overview and answer questions during the call. Participants can join via a live webcast or by dialing in. SRAX's Sequire platform is designed to enhance investor relations and communication, while the BIGtoken marketplace allows consumers to manage their data. More information is available on srax.com.
SRAX (NASDAQ: SRAX) has launched a new feature on its Sequire platform, allowing issuers to create and customize their own investor relations (IR) websites. This tool automates the population of company and financial information and enables users to manually edit and personalize their sites. The aim is to enhance investor engagement by improving accessibility to crucial information. SRAX CEO Christopher Miglino emphasized the importance of integrating these IR websites with the Sequire platform to boost investor awareness.
SRAX, Inc. (NASDAQ: SRAX) successfully hosted the 2021 LD Micro Main Event from October 12-14 in Los Angeles, combining in-person and virtual experiences. This marked LD Micro's first in-person conference in nearly two years, featuring 139 companies presenting to investors. The conference allowed global investors to view presentations virtually, while in-person attendees participated in 1x1 meetings. Notable presentations included those from companies like Natural Shrimp and Brainchip Holdings. All company presentations will be available for viewing for three months.
OriginClear Inc. (OTC Pink: OCLN) is set to present at the 14th annual Virtual LD Micro Main Event on
FAQ
What is the current stock price of SRAX A (SRAX)?
What is the market cap of SRAX A (SRAX)?
What does SRAX Inc. do?
What is Sequire?
What recent challenges has SRAX faced?
How has SRAX improved its financial transparency?
What is SRAX's partnership with XDEFI about?
What is the significance of SRAX's merger with DNA Holdings?
Who are the key leaders at SRAX?
How does Sequire benefit public companies?
How does SRAX support investor engagement?
Where is SRAX headquartered?
