Welcome to our dedicated page for ADCORE news (Ticker: ADCOF), a resource for investors and traders seeking the latest updates and insights on ADCORE stock.
Adcore Inc. reports developments in AI-powered marketing technology, including its Marketing Cloud platform for managing and automating e-commerce advertising and analyzing advertising-budget performance. Company news commonly covers quarterly and annual results, conference calls, international revenue trends across APAC, EMEA and Australia, and new client mandates for performance marketing, media mix modeling and campaign management.
Updates also address Adcore's product expansion, including Proposaly, Feeditor App, AI Creative Studio, SEO services, upper-funnel campaigns and affiliate-driven marketing. Recurring announcements describe platform automation, AI agents, partner certifications with major advertising channels, and the company's operations across Israel, Canada, Australia, Hong Kong and China.
Adcore (ADCOF) reported its Q1 2025 financial results, highlighting strong performance in the APAC region with 85% growth to CAD$3.9 million. Overall revenue increased 2% to CAD$7 million, with gross profit at CAD$3.1 million and a 44% gross margin. The company's MediaBlast application showed remarkable growth, reaching $2.33M in ARR, a 292% year-over-year increase.
Despite macroeconomic challenges in EMEA and North America, Adcore achieved positive Adjusted EBITDA of CAD$208 thousand and improved operating cash flow to CAD$263 thousand. The company maintained a strong financial position with CAD$10.6 million in cash. Adcore is preparing to launch Proposaly, a new product designed to unify and automate sales workflow, while focusing on strategic hiring in high-growth regions.
Adcore Inc. (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a global leader in AI-powered marketing technology, has announced it will release its Q1 2025 financial results before market opening on Thursday, May 15, 2025. The company will host a conference call and webcast to discuss the results at 10:00 a.m. ET on the same day.
Investors can register for the conference call/webcast through the company's investor relations website. The call will feature management statements and a Q&A session, with questions accepted in advance via email at invest@adcore.com.
Adcore, a global marketing technology leader specializing in AI-powered marketing solutions, announced the results of its annual and special shareholders meeting held in Toronto on April 29, 2025.
All five director nominees were successfully elected with overwhelming support, each receiving 99.58% of votes (41,001,645 votes for, 171,815 against). The elected directors include Omri Brill, Roy Nevo, Sukvinder Puar, Ronnie Jaegermann, and Nancy Goertzen.
Shareholders also approved three additional items:
- Appointment of Ziv Haft (BDO Member Firm) as company auditor
- Amended and restated stock option plan
- Amendment to extend expiry date of 4,960,748 stock options for certain insiders, approved by disinterested shareholders
Adcore Inc. (TSX:ADCO, OTCQX:ADCOF) has been selected as the lead digital marketing partner for Global Retail Brands, securing four major Australian retail brands under management. The partnership includes House (Australia's largest specialty homewares retailer with 160+ stores), MyHouse, Robins Kitchen, and Baccarat (Australia's largest homegrown cookware brand), collectively representing over 250 stores nationwide.
This appointment marks an expansion of an existing relationship, as Global Retail Brands has chosen to return to Adcore for comprehensive digital marketing services. The company will leverage its AI-powered Marketing Cloud platform to manage SEO and SEM activities across all brands, focusing on optimizing online channels and enhancing user experience.
Adcore (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a leading e-commerce advertising management and automation platform, has announced its participation in the Planet MicroCap Showcase in Las Vegas. The presentation is scheduled for Wednesday, April 23, 2025, at 12pm PT at the Paris Hotel & Casino.
The event, organized in partnership with MicroCapClub, offers investors the opportunity to engage with Adcore through 1x1 meetings at the venue. Interested participants can register through the provided links to attend both the presentation and schedule individual meetings.
The showcase will be accessible via webcast, allowing remote attendance for those unable to join in person. This presentation represents an important opportunity for investors to learn more about Adcore's 'Effortless Marketing' platform and its position in the digital marketing automation space.
Adcore (ADCOF) reported exceptional Q4 2024 financial results, marking significant growth across key metrics. The company achieved its highest-ever quarterly gross profit of $3.9 million and robust quarterly cash flow from operating activities of $3.8 million.
Q4 2024 highlights include:
- Revenue increased 24% YoY to CAD$11.2 million
- Adjusted EBITDA grew 164% to $1.3 million
- Net income surged 601% to $521 thousand
- APAC revenue up 58% to CAD$5.5 million
- EMEA revenue increased 14% to CAD$3.8 million
Full-year 2024 performance showed:
- Total revenue of CAD$32.5 million, up 4% YoY
- Gross margin improved to 42%
- Adjusted EBITDA increased 75% to CAD$1.6 million
- Cash and equivalents reached CAD$10.8 million
Adcore Inc. (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ), a global leader in marketing technology with an AI-powered Marketing Cloud platform, has scheduled the release of its Q4 and fiscal year 2024 financial results. The results will be published before market opening on Wednesday, March 26, 2025.
The company will host a conference call and webcast to discuss the results on the same day at 10:00 AM ET. Investors can submit questions in advance to invest@adcore.com. The conference call will feature a brief management statement followed by a Q&A session.
Adcore (TSX:ADCO, OTCQX:ADCOF) has renewed its channel partner agreement with Microsoft Advertising for 2025, continuing their strategic partnership that began in 2019. The company, which achieved Microsoft Elite Partner status in February 2022, was recently recognized as a finalist for both Client Partnership of the Year and Channel Partner of the Year.
The renewal strengthens Adcore's position in digital marketing, where it leverages its AI-powered Marketing Cloud platform to help businesses maximize their digital marketing potential. The partnership has been marked by significant achievements, including Adcore being named Microsoft Advertising's Global Partner of the Year.
Microsoft Advertising's Director of Partner Sales - EMEA highlighted Adcore's international growth and diverse client base as key benefits to their partnership, particularly noting the successful integration of Microsoft Advertising products into Adcore's Marketing Cloud solutions and the advancement of Copilot AI technology.
Adcore Australia has achieved a significant milestone by winning the Best Large PPC Agency award at the 2025 APAC Search Awards in Melbourne. This prestigious recognition, which celebrates excellence in search across Asia and the Pacific region, was awarded to Adcore (TSX:ADCO, OTCQX:ADCOF, FSE:ADQ), a leading provider of AI-powered marketing technology through its Marketing Cloud platform.
The APAC Search Awards are judged by international experts who evaluate agencies based on industry innovation and excellence. Rob Reynolds, Adcore's Commercial Director, expressed pride in the team's achievement while maintaining focus on future growth and opportunities in 2025.
Adcore (TSX:ADCO)(OTCQX:ADCOF) reports strong financial position at the end of 2024, with $10.8 million in cash and equivalents, marking a 61% increase from Q3 2024 and a 34% increase year-over-year. The company's Media Blast app demonstrates significant growth, reaching nearly $2 million in Annual Recurring Revenue (ARR) in December 2024, doubling its performance in just six months from the previous $1 million milestone.
These preliminary, unaudited figures reflect strong business fundamentals across core activities, markets, and segments. The company attributes the cash growth to both seasonal factors and improved business performance. Adcore plans to leverage its robust cash position for technology development and global expansion initiatives in 2025.
The company has scheduled a webinar for January 15th to introduce Proposaly.io, its newest sales enablement app designed to streamline business sales processes and client relationship management.