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VerticalScope Holdings, Inc. ( (TSE:FORA) ) has shared an update.
VerticalScope Holdings Inc. reported strong financial results for Q4 2024, with revenue increasing by 11% to $19.9 million, and Adjusted EBITDA rising by 22% to $10.1 million. The company achieved a record 114 million monthly active users, reflecting a 6% year-over-year growth. Despite a net loss due to increased share-based compensation and interest expenses, VerticalScope’s robust financial performance was driven by significant growth in digital advertising and strategic acquisitions, positioning it for future expansion.
More about VerticalScope Holdings, Inc.
VerticalScope Holdings Inc. is a technology company that operates a cloud-based digital platform for online enthusiast communities. The company focuses on digital advertising and community engagement, leveraging programmatic and direct advertising channels to drive growth.
YTD Price Performance: 1.12%
Average Trading Volume: 40,904
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$231.1M
See more insights into FORA stock on TipRanks’ Stock Analysis page.
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