InvestorNewsBreaks – SRAX (NASDAQ: SRAX) Sees Q1 Revenue Growth, Increases Full-Year Guidance
May 18, 2021
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (”SaaS”) platform, has released its Q1 financial numbers and operational highlights for the period ended March 31, 2021, In addition, based on positive numbers, the company increased its guidance for the year. Noteworthy numbers for first quarter include revenue up 1,450% over last year, reaching $5.4 million; Sequire bookings totaling $10 million for first quarter and already reaching $7.2 million in quarter two; and nine consecutive quarters of growth for Sequire. In addition, the company reported that 200 public companies had subscribed to Sequire, which is an increase of 17 since the fourth-quarter release. In addition, the company reported gross margins of 70% compared to 68% the same period last year and an EBITDAincrease of $2.6 million ($600K) vs. ($3.2 million) in the second quarter of 2020. “Our team has delivered another amazing quarter,” said SRAX founder and CEO Christopher Miglino. “We continue to see accelerated bookings. Our technology continues to deliver valuable results for our clients as we continue to add new features. We have a robust pipeline of features that will be added this year. The best of what we are building has not even hit the market yet.”
To view the full press release, visit https://ibn.fm/KQVrT
About SRAX
SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, please visit www.SRAX.com.
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.
More News
How to have the best Sunday in L.A., according to 'Weird Al' Yankovic
For the legendary pop parodist, Courage Bagels, Toi on Sunset and celebrating canceled plans are on the agenda.
How a Hollywood showrunner transformed an 'ugly' stucco box into the ADU of her dreams
"America's Got Talent" executive producer Sam Donnelly loved her Studio City home but hated her ADU, describing it as "ugly and modern." A modest upgrade transformed it into a warm retreat.
Guelph psychotherapist urges Ontario to fund long-term supportive therapy with OHIP
A Guelph psychotherapist has launched a petition asking the province to have long-term supportive psychotherapy covered by the Ontario Health Insurance Plan (OHIP). Marinela Trickett, clinical director of Trickett Psychotherapy, says seeing a psychotherapist can cost over $100 a session out of pocket.
Global Travel Trade Ambassadors to Inspire International Travel During America’s 250th Anniversary
Brand USA, the official destination marketing organization for the United States, announces the selection of 25 UK Travel Trade Ambassadors as part of its largest global trade initiative to date, launched earlier this year to coincide with the 250th anniversary of the United States in 2026. The worldwide network of 250 travel advisors has been appointed to continue to inspire international visitation to the USA and equip the international trade with the knowledge, tools and relationships needed to confidently sell the United States.
How Do Airports Prepare for a Plane Crash? Go Inside JFK’s Disaster Drill.
U.S. airports are required to hold a full-scale disaster drill every three years. Go inside a simulated plane crash at Kennedy Airport last weekend.
Police response to domestic violence involving dementia changing in N.S. county
RCMP and the Bridgewater Police Service launched a collaborative initiative called the Silver Guardian Program to deal with an increase in domestic violence calls involving someone with dementia.
Neue Einreiseregeln weltweit: Das hat sich aktuell geändert
Mit diesem Beitrag halten wir Sie auf dem Laufenden, was Einreisebedingungen und angekündigte Änderungen in Sachen Visa und elektronische Einreiseanmeldungen angeht. The post Neue Einreiseregeln weltweit: Das hat sich aktuell geändert appeared first on Business Traveller.
Naher Osten: Airlines setzen Flüge nach Riad weiter aus
Nach einem Raketenangriff auf den Flughafen von Riad setzen die Airlines ihre Verbindungen nach Saudi-Arabien aus. Dubai soll ab dem 25. Oktober wieder in den Flugplänen stehen, außer bei Condor. The post Naher Osten: Airlines setzen Flüge nach Riad weiter aus appeared first on Business Traveller.
Uttarakhand govt launches initiative to establish state as premier hub for adventure tourism
Officials said that the primary objective of this campaign is to provide the participants with practical training in tandem flying and to help them complete 100 hours of flight time. The campaign will continue in Champawat district throughout the month of November.
Was bringt der Lufthansa der Einstieg bei TAP?
Für 1,025 Milliarden Euro hat sich die Lufthansa Group in einem Bieterrennen gegen Air France/KLM durchgesetzt und von Portugals Regierung den Zuschlag für eine Minderheitsbeteiligung an der TAP erhalten. Die wichtigsten Fragen und Antworten zum Erwerb. The post Was bringt der Lufthansa der Einstieg bei TAP? appeared first on Business Traveller.
Algarve Wins Unprecedented Title of Europe’s Leading Beach Destination for the Eleventh Time
The Algarve has been voted Europe’s Leading Beach Destination 2026 at the World Travel Awards, securing the title for the eleventh time and setting an unprecedented record, with previous victories in 2012, 2013, 2015, 2016, 2017, 2019, 2020, 2021, 2022 and 2023. The distinction was announced at the Europe Gala Ceremony 2026 held on the 17th October in Montenegro.
The Datai Langkawi to Join Save Wild Tigers and the Eastern & Oriental Express
The Datai Langkawi will once again join Save Wild Tigers, The Eastern & Oriental Express, a Belmond Train, Southeast Asia, and Raffles Singapore, for the 2027 edition of Tiger Express, taking place from 9 to 15 May. Returning for its fourth year, the six-night, seven-day journey will connect guests with the rich natural and cultural heritage of Singapore and Malaysia, while supporting vital conservation efforts and raising awareness of the urgent need to protect the critically endangered Malayan tiger.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.