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VerticalScope Holdings, Inc. (TSE:FORA)
:FORA
Holding TSE:FORA?
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.11Last Year’s EPS
0.14Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 09, 2021
|% Change Since: 24.71%
|Next Earnings Date:Aug 10, 2021
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue and MAU growth, impressive programmatic advertising gains, and a strengthened financial position. However, there were challenges in e-commerce revenue, a slight decline in adjusted EBITDA margin, and no new LLM deals were signed. The positive aspects, particularly in advertising growth and financial health, outweigh the negatives.Company Guidance
In the third quarter of 2024, VerticalScope Holdings reported a 15% growth in revenue, driven by a significant 36% increase in programmatic advertising, which now accounts for 71% of their ad revenue. The company served a record 122 million monthly active users (MAUs), up 21% from the previous year. Adjusted EBITDA rose by 9% to $7.4 million, while free cash flow increased by 7% to $6.4 million, with a conversion rate of 86%. The digital advertising sector grew by 22%, with direct advertising showing momentum for Q4. VerticalScope's debt was reduced to less than $40 million, reflecting a 1.3x leverage, and they have secured a new credit facility for future acquisitions. The company is optimistic about sustained MAU growth and is exploring new technologies, including AI and blockchain, to enhance user engagement and authenticity. Looking ahead, they expect double-digit revenue growth in the advertising segment for Q4 and continued M&A activity to drive growth in 2025.Revenue and MAU Growth
Revenue grew by 15%, and MAUs reached a record 122 million, up 21% over last year.
Programmatic Advertising Growth
Programmatic advertising increased by 36% and now constitutes 71% of the advertising revenue.
Strengthened Financial Position
Debt reduced to less than $40 million, with a leverage ratio of 1.3x. Free cash flow increased by 7% to $6.4 million.
Expanding M&A Pipeline
The company is close to making a second tuck-in acquisition, with an improving deal-making environment anticipated for 2025.
Positive Momentum in Advertising
Advertising revenue was $15.6 million, up 22%, with strong programmatic performance and improving direct advertising trends.
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TSE:FORA Earnings History
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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TSE:FORA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | C$8.66 | C$8.89 | +2.66% |
| Aug 07, 2024 | C$8.78 | C$9.05 | +3.08% |
| May 07, 2024 | C$8.54 | C$9.00 | +5.39% |
| Mar 13, 2024 | C$5.49 | C$6.48 | +18.03% |
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 VerticalScope Holdings, Inc. (TSE:FORA) report earnings?
VerticalScope Holdings, Inc. (TSE:FORA) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is VerticalScope Holdings, Inc. (TSE:FORA) earnings time?
VerticalScope Holdings, Inc. (TSE:FORA) earnings time is at Mar 05, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:FORA EPS forecast?
TSE:FORA EPS forecast for the fiscal quarter 2024 (Q4) is 0.11.
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