The call highlighted significant revenue growth and operational efficiencies, particularly in the APAC region and in cash flow improvements. However, challenges remain in the North American market and in achieving certain profit margin targets. Overall, the positive aspects of the call outweighed the negative ones, reflecting a strong financial performance in Q4 2024.
Company Guidance
In the Q4 and Year-End Earnings Call for 2024, Adcore highlighted a robust financial performance, with a 24% increase in revenue, reaching CAD11.2 million, and a record gross profit of CAD3.9 million, marking a 6% growth year-on-year. The company reported a significant increase in cash position to almost CAD11 million, a 34% rise compared to the previous year. The APAC region exhibited remarkable growth, with a revenue increase of almost 60%, while EMEA revenue grew by 14%. Operational profit surged by nearly 300% to CAD0.4 million, and adjusted EBITDA rose to CAD1.3 million from CAD0.5 million in Q4 2023. For 2025, Adcore aims to achieve CAD40 million in revenue, targeting a 25% growth, and plans to enhance AI integration across its operations. The company remains optimistic about maintaining positive cash flow and profitability, with a focus on AI-driven innovation and ARR growth.
Record-Breaking Revenue and Growth
Adcore reported a 24% increase in Q4 2024 revenue, reaching CAD11.2 million, along with a record gross profit of CAD3.9 million.
Strong Cash Position
Cash position increased by 34% year-on-year, reaching nearly CAD11 million in Q4 2024.
APAC Region Performance
APAC revenue grew by almost 60% in Q4 2024, marking a significant rebound after challenges in previous years.
Operational Efficiency
SG&A expenses decreased by 6%, and operating profit increased by 300% to CAD0.4 million in Q4 2024.
Adjusted EBITDA Growth
Adjusted EBITDA spiked to CAD1.3 million in Q4 2024, representing a 164% increase compared to Q4 2023.
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Adcore (ADCOF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ADCOF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 26, 2025
$0.21
$0.20
-4.76%
Nov 14, 2024
$0.13
$0.13
0.00%
Aug 14, 2024
$0.15
$0.15
0.00%
May 15, 2024
$0.17
$0.17
0.00%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Adcore Inc (ADCOF) report earnings?
Adcore Inc (ADCOF) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Adcore Inc (ADCOF) earnings time?
Adcore Inc (ADCOF) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.