Welcome to our dedicated page for Mobivity Holding news (Ticker: MFON), a resource for investors and traders seeking the latest updates and insights on Mobivity Holding stock.
Mobivity Holdings Corp. (OTCQB: MFON) generates news as a technology company that connects mobile gaming audiences with real-world brands through its cloud-based Connected Rewards platform. Company updates often highlight how this technology links offers and rewards from retail, restaurant, convenience, and fuel brands to gameplay in popular mobile games, and how that connection affects customer engagement and store activity.
News coverage for Mobivity frequently includes announcements about business performance, such as quarterly financial results and conference call schedules where management discusses revenue trends, audience growth, active programs, and other operating metrics tied to Connected Rewards. These releases provide context on how the company’s platform is being adopted by brands and how its consumer audience is expanding.
Another common theme in MFON news is partnerships and integrations. Mobivity has reported collaborations with mobile game publishers, developers, ad networks, and loyalty technology providers such as Paytronix. These stories describe how joint marketing efforts and technical integrations are intended to increase loyalty program utilization, drive higher engagement from current and lapsed customers, and make it easier for brands to participate in Connected Rewards programs.
Investors and industry observers can also find news about brand case studies and sector traction, including results with convenience store retailers, fuel brands, and restaurant chains that use Connected Rewards to improve offer redemption and re-engage lapsed customers. Board and leadership updates, such as the appointment of executives with advertising technology experience, appear as well. For ongoing insight into Mobivity’s activities, MFON news items on this page bring together financial updates, strategic partnerships, and customer engagement milestones.
Mistplay announced it has agreed to acquire the Connected Rewards™ platform and related assets from Mobivity (OTCQB: MFON). The deal is expected to close in early Q1 2026, subject to customary closing conditions. The acquisition will expand Mistplay’s LoyaltyPlay offering by linking in-app gaming rewards to real-world brand offers, creating a unified omnichannel toolkit for publishers and brands. Mistplay said the combined platform aims to increase user retention, lifetime value, and measurable real-world incentives, and may be extended into fintech and e-commerce verticals.
Mobivity Holdings Corp. (OTCQB: MFON) has appointed David Simon, a seasoned AdTech executive, to its Board of Directors. Simon brings over 20 years of experience in advertising technology and currently serves as General Manager of Growth Initiatives at Moloco. His track record includes serving as Chief Revenue Officer at Fyber, where he grew revenues from $100M to $500M, and holding positions at Jounce Media and AOL.
The appointment comes as Dennis Becker steps down from the board of directors. Simon's expertise in adtech and go-to-market strategies is expected to support Mobivity's growth in its Connected Rewards platform, which combines mobile gaming with retail engagement. The company aims to leverage Simon's strategic leadership to enhance its customer engagement solutions and expand market presence.
Mobivity Holdings Corp. (OTCQB: MFON) reported significant growth in its Connected Rewards technology adoption among convenience store chains in Q4 2024. The company experienced a 60% increase in convenience store retailers using Connected Rewards in the past 45 days. Over 25,000 Convenience and Fuel locations nationwide participated in Connected Rewards in 2024, reaching 18% of top U.S. convenience store locations. The platform serves as a key engagement driver for two of the top three U.S. oil and gas companies. The technology transforms mobile gameplay into in-store activity through partner-funded marketing programs, with expanding reach across convenience, retail, and restaurant sectors.
Mobivity Holdings Corp. (OTCQB: MFON) has scheduled its Q3 2024 earnings conference call for Thursday, November 14, 2024, at 4:30 p.m. Eastern Time. The company, which provides personalized reward performance solutions for brands, will release its financial results for the quarter ended September 30, 2024, after market close on the same day. The call will be accessible via phone and webcast, with replay options available for two weeks following the call.
Mobivity Holdings Corp. (OTCQB: MFON) has announced its participation in the 17th annual LD Micro Main Event in Los Angeles. Company President Bryce Daniels will deliver a presentation on Wednesday, October 30th at 3:30 PM PT at the Luxe Sunset Boulevard Hotel. The company will also conduct one-on-one meetings with investors on the same day.
The event runs from October 28th to 30th, 2024, featuring approximately 150 companies presenting in 30-minute slots. The conference begins with registration at 3:00 PM PT on October 28th, followed by keynotes and networking. Presentation sessions are scheduled from 8:00 AM to 5:00 PM PT on both October 29th and 30th.
Mobivity Holdings Corp. (OTCQB: MFON) announced that Checkers and Rally's has renewed their partnership for a third annual term following successful results with Mobivity's Connected Rewards™ platform. The collaboration has significantly increased engagement and redemption rates, particularly among lapsed customers. Key achievements include:
1. 35.3x higher offer redemption rates for promotions tied to mobile games compared to standard offers.
2. 54% of redemptions came from customers inactive for over 90 days.
3. 2.5x increase in subsequent offer redemptions from participating mobile gaming customers.
Checkers plans to expand the program to other channels, including their loyalty app, due to the positive consumer response. The partnership has allowed Checkers to fund additional marketing efforts without increasing their overall budget.
Mobivity Holdings Corp. (OTCQB: MFON) announced Q2 2024 financial results, highlighting a 40% growth in consumer audience to over 16 million and a 10% increase in active programs. The company partnered with Paytronix to expand its Connected Rewards programs and added new brand partners in fuel and convenience sectors. Despite these positives, revenue decreased by 20.9% to $1.47 million compared to Q2 2023. Gross profit slightly increased to $494,000, with gross margin improving by 720 basis points to 33.5%. However, the company reported a net loss of $2.48 million, wider than the $2.27 million loss in Q2 2023. Adjusted EBITDA was negative $2.74 million, compared to negative $2.33 million in the same period last year.
Mobivity Holdings Corp. (OTCQB: MFON), a provider of technology connecting mobile gaming audiences to real-world brands and products, has scheduled its second quarter 2024 earnings conference call for Wednesday, August 14, 2024, at 4:30 p.m. Eastern Time. The company plans to release its Q2 2024 results, for the period ended June 30, 2024, after market close on the same day.
Investors can join the call by dialing 1-800-717-1738 (U.S. callers) or 1-646-307-1865 (international callers) using the conference ID: 66124. A live webcast will also be available. A replay of the call will be accessible for two weeks starting August 14, 2024, at approximately 7:30 p.m. ET, by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (international) with access ID: 1166124.
Mobivity Holdings Corp. (OTCQB: MFON) announced a strategic partnership and technical integration with Paytronix, a leading loyalty and guest engagement solutions provider. This partnership aims to enhance Paytronix's capabilities by offering Connected Rewards programs that increase loyalty program utilization and customer engagement. Users can seamlessly earn loyalty points by downloading and playing mobile games, driving in-store purchases with minimal effort for retailers. This collaboration allows brands to tap into the mobile gaming audience, fostering more store visits and higher order values. Bryce Daniels, President of Mobivity, and Jeff Hindman, CEO of Paytronix, emphasized the mutual benefits of bridging digital engagement with in-store loyalty programs. The partnership provides Mobivity access to Paytronix's extensive client base, including numerous restaurants, retailers, and convenience stores across the US.
Mobivity Holdings Corp. (OTCQB: MFON) released its Q1 2024 financial results on May 15, 2024. Mobivity, a technology provider connecting mobile gaming audiences to brands, showcased several business highlights:
- Consumer audience grew by over 30% to 9 million vs Q4 2023.
- Added 6 new brand partners in Q1 2024, including leaders in fuel and convenience and fast casual restaurants.
- Increased audience conversion rate by 15% vs Q4 2023.
- Grew the number of mobile game titles by 83% vs Q4 2023.
Financially, Mobivity reported a revenue decline of 15% to $1.6 million and a gross profit drop of 22% to $636,000. Operating expenses were reduced by 18% to $2.5 million, resulting in a net loss decrease of 9% to $2.3 million. Adjusted EBITDA was -$1.7 million, a 21% increase in losses. Bryce Daniels was appointed as President, focusing on growth and profitability.