Welcome to our dedicated page for Vertiqal Studios news (Ticker: VERTF), a resource for investors and traders seeking the latest updates and insights on Vertiqal Studios stock.
Vertiqal Studios (VERTF) is a leading digital media company specializing in viral content production for gaming and lifestyle audiences. This page aggregates all official news releases and verified updates, providing stakeholders with a centralized resource for tracking corporate developments.
Investors and analysts will find timely updates on earnings reports, strategic partnerships, content launches, and financial strategies. Our curated feed ensures access to primary-source information without third-party commentary, supporting informed decision-making.
The repository includes announcements about licensing agreements, platform expansions, and operational milestones. All content is vetted for accuracy and relevance to maintain compliance with financial reporting standards.
Bookmark this page for direct access to Vertiqal Studios' evolving narrative in digital media. Check regularly for updates on initiatives driving engagement across TikTok, Instagram, and emerging social platforms.
Vertiqal Studios Corp (TSX: VRTS) (OTC Pink: VERTF) has joined Dawn, enhancing Dawn's portfolio of independent agencies with specialized gaming and lifestyle expertise. As North America's largest owner-operator of gaming and lifestyle social media channels, Vertiqal Studios produces 100+ daily content pieces across 130+ channels on TikTok, Instagram, and Snapchat.
The strategic alignment aims to capitalize on growing market opportunities, with global gaming ad spend projected to exceed $131 billion by 2028 and social media advertising reaching $270 billion in 2024. Vertiqal Studios manages social strategies for major brands including Coca-Cola, ESPN, Lionsgate, Celsius, NHL, Chili's, and Samsung.
The partnership focuses on reaching younger audiences through social-first storytelling, addressing the shift in media consumption where over 90% of Gen Z uses social media daily, with platforms like TikTok, Instagram, and Snapchat surpassing traditional media in engagement.
Vertiqal Studios Corp (VERTF) has reported its financial results for 2024, marking a significant turnaround with a 95% reduction in net loss. The company maintained stable revenue at $4.86 million, with direct media revenue increasing by 48% year-over-year.
Key financial metrics include:
- Gross profit of $3.37 million with a 69% margin
- Total expenses reduced by 90% to $5.76 million
- Net loss decreased to $2.37 million from $49.02 million
- EBITDA loss improved by 47% to $1.52 million
The company secured partnerships with major US brands including Coca Cola US and WhiteCastle, and signed a strategic agreement with CrossMedia. Vertiqal Studios operates as a digital-channel network and video-production studio, owning North America's largest gaming and lifestyle network on social media.
Vertiqal Studios Corp. (TSX: VRTS) (OTC Pink: VERTF) has announced a strategic partnership with Crossmedia, an independent media agency, aimed at driving brand growth and market expansion in 2025. The collaboration merges Crossmedia's data-driven media buying expertise with Vertiqal Studios' capabilities in creating digital content for Gen Z and Millennial audiences.
As part of this development, Ali Plonchak, Chief Operating Officer and Managing Partner at Crossmedia, has stepped down from Vertiqal Studios' Board of Directors to focus on the new partnership relationship. The alliance is positioned to help brands enhance their digital presence and achieve measurable ROI through integrated content and media strategies.
Vertiqal Studios (TSX: VRTS) (OTCQB: VERTF) has launched Vertiqal Labs, a creator network program aimed at empowering emerging digital talent. As North America's largest owner of gaming and lifestyle social media channels, reaching nearly 52 million people, the company will provide creators with tools and expertise to scale their platforms across Instagram, TikTok, Snapchat, and other social platforms.
The program will enable creators to develop original concepts and adopt an always-on content model for consistent revenue generation. For advertisers, Vertiqal Labs offers access to both creator-generated content and high-production branded content through their Owned & Operated production teams, targeting Gen Z and Millennial consumers.
Vertiqal Studios (TSX: VRTS) (OTCQB: VERTF) has engaged Quartermast Advisors as its buy-side M&A advisor to identify and execute strategic media acquisitions. This partnership aims to accelerate growth and expand market presence in the digital content space.
The company, which owns gaming and lifestyle social media channels, plans to enhance its content capabilities and strengthen data-driven monetization through strategic acquisitions. This move follows recent transactions including the December 2023 acquisition of Offbeat Studios and December 2024 purchase of four social channels from Viral Nation.
Quartermast's compensation is contingent upon successful transaction completion. Additionally, the company announced the resignation of Rob Segal from its Board of Directors.
Vertiqal Studios (VERTF) has announced a strategic collaboration with Viral Nation, marking significant expansion in the social media landscape. The company acquired four Instagram channels from Viral Nation for US$150,000, adding 1.77M followers to its existing 52M-person audience. The deal includes US$50,000 in cash and US$100,000 in shares (5,737,200 shares at $0.025 each).
The collaboration features a revenue-sharing model where Vertiqal receives 70% and Viral Nation 30% of media revenue. The partnership includes licensing of Viral Nation's technology solutions and plans for co-producing original content. This strengthens Vertiqal's position as North America's largest owner of gaming and lifestyle social media channels, with over 130 channels across Snapchat, Instagram, and TikTok.
Vertiqal Studios (TSX: VRTS, OTCQB: VERTF) has announced a partnership with Toronto-based gaming platform Ledge to offer brands custom integrations through in-game maps and branded challenges. The collaboration will focus on games like Fortnite and Roblox, enabling immersive marketing campaigns amplified by Vertiqal's owned and operated channels.
Vertiqal Studios, which manages over 130 channels across TikTok, Instagram, and Snapchat, produces 100+ daily content pieces reaching 52+ million followers. The company, rebranded from Gamelancer Media Corp. in 2023, leverages TV economics to monetize content on social platforms and implements revenue-sharing on Snapchat.
Vertiqal Studios (TSX: VRTS) (OTCQB: VERTF) reported its Q3 2024 financial results, achieving its first-ever EBIT positive quarter. The company saw a 14% revenue increase to $1.86M, driven by a 78% rise in direct media revenue. Gross profit grew 13% to $993K, while total expenses decreased 72% to $555K. The company significantly improved its EBITDA loss to $290K from $477K in Q3 2023. For the nine months ended September 30, 2024, revenues increased 1% to $3.81M, with gross profit margin expanding to 66% from 54% year-over-year.
Vertiqal Studios Corp. (TSX: VRTS) (OTCQB: VERTF) has announced significant amendments to its debentures issued in November 2022. The key changes include:
1. Maturity date extended to September 9, 2025
2. Interest rate increased from 12% to 15% per annum
3. Principal amount to be automatically converted to common shares at $0.025 per share on maturity
4. Debentures changed from secured to unsecured
These amendments, approved by over 66 2/3% of debenture holders, are viewed as a vote of confidence in the company. CEO Jon Dwyer stated that this allows Vertiqal to focus on growth without the pressure of immediate repayment, benefiting shareholders in the long run.
Vertiqal Studios Corp. (TSX: VRTS) (OTCQB: VERTF) reported strong Q2 2024 financial results, showcasing improved profitability despite revenue challenges. Key highlights include:
- Revenue declined 22% to $1,104,170 due to changes in platform revenue share structure
- Gross profit margin increased to 79% from 69% in Q2 2023
- Total expenses reduced by 70% to $1,749,090
- EBITDA loss improved by 80% to $485,801
- Direct media revenues grew by 18% compared to Q2 2023
The company's focus on cost management and operational efficiency led to significant improvements in profitability metrics. CEO Jon Dwyer expressed confidence in the company's future, having personally purchased over 1,000,000 shares in Q2/Q3.
