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Adcore Strengthens Financial Position and Reports Media Blast Growth
Company Announcements

Adcore Strengthens Financial Position and Reports Media Blast Growth

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Adcore ( (TSE:ADCO) ) has issued an announcement.

Adcore Inc. closed 2024 with a strong financial position, revealing $10.8 million in cash and equivalents, marking a significant increase from both Q3 2024 and year-end 2023. The company highlighted the substantial growth of its Media Blast app, achieving nearly $2 million in Annual Recurring Revenue by December 2024, reflecting robust performance and strategic momentum heading into 2025. Adcore’s CEO expressed optimism for 2025, emphasizing the company’s readiness to leverage market opportunities and continue advancing its strategic initiatives.

More about Adcore

Adcore Inc. is a global leader in marketing technology that empowers businesses to maximize their digital marketing potential through its innovative AI-powered platform known as Marketing Cloud.

YTD Price Performance: 15.20%

Average Trading Volume: 17,623

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.23M

Find detailed analytics on ADCO stock on TipRanks’ Stock Analysis page.

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