Welcome to our dedicated page for Srax news (Ticker: SRAX), a resource for investors and traders seeking the latest updates and insights on Srax stock.
SRAX Inc. (SRAX) is frequently featured in news coverage as a financial technology company focused on data, insights, and communications for publicly traded companies. Public announcements describe SRAX as the operator of Sequire, an investor intelligence and communications platform that helps issuers track shareholder behaviors and trends and use those insights to engage investors across marketing channels.
News about SRAX often highlights developments related to the Sequire platform and its ecosystem. Examples include integrations with a global news distribution service to enable self-serve press release creation and analytics, as well as partnerships that extend Sequire’s reach, such as serving as the exclusive streaming partner for LD Micro events. These stories emphasize how Sequire is used for investor outreach, virtual events, and data-driven communications.
SRAX is also a recurring subject in articles about investor conferences and summits. The company organizes and hosts Sequire-branded events, including virtual sector conferences and in-person investor summits in locations such as Puerto Rico. Coverage of these events describes multi-day programs featuring public company presentations, keynotes, panels, and opportunities for funds, companies, and investors to connect.
Corporate updates and strategic moves are another key theme in SRAX-related news. Reports have discussed the company’s restructuring efforts, changes in governance such as the creation of an Advisory Board composed of large shareholders, and commentary on trading status following a delisting from the Nasdaq market and trading on the OTC Expert Market. In addition, SRAX has announced a definitive merger agreement with DNA Holdings Venture Inc., a Web3 investment company, with news stories outlining the planned change in ownership structure and future name and ticker symbol changes, subject to approvals and conditions.
Investors and observers who follow SRAX news can expect coverage of platform enhancements, partnerships, investor events, corporate governance changes, and proposed strategic transactions. This mix of operational, product, and corporate developments provides context for understanding how SRAX positions its Sequire platform and its role in the investor relations and financial technology landscape.
SRAX, a financial technology company, has announced its revenue guidance for 2022, projecting revenues of $46M - $48M, reflecting a 46%-52% increase over 2021's estimated $31.5M. For Q1 2022, the company expects revenues of $11.5M, which represents a 111% increase compared to Q1 2021. The company's platform Sequire has experienced growth in both subscribers and functionality, contributing to significant revenue and customer renewals. CEO Christopher Miglino expressed confidence in achieving the largest quarterly revenue in Q1 2022.
SRAX (NASDAQ: SRAX) has unveiled its 2022 conference calendar, featuring industry-focused virtual events aimed at enhancing investor engagement. The season will commence with the Sequire Metals & Mining Conference on January 27, 2022, spotlighting opportunities in mining amidst rising electric vehicle demand. Other events include conferences on cannabis, tech, blockchain, and more throughout the year. The initiative aims to leverage learnings from previous conferences to deliver unique experiences for attendees while expanding partnerships and content.
On December 6, 2021, SRAX (NASDAQ: SRAX) successfully hosted the 2021 Sequire Clean Tech & Electric Vehicles Conference, a key virtual investor event highlighting advancements in clean technology. The conference showcased over 25 leading companies in the sector, featuring discussions on electric vehicles, energy, and materials. Significant panels included industry leaders and investors discussing the future of electric vehicles and investment trends for 2022. The presentations from key companies are available for viewing for three months on the conference website.
SRAX, Inc. (NASDAQ: SRAX) announces it will no longer consolidate BIGtoken, Inc. into its financials following its merger with BritePool, Inc. This merger, an all-stock transaction finalized today, allows SRAX to adjust its approximate $4M BIGtoken position quarterly. CEO Christopher Miglino emphasized that BIGtoken now operates as an independent entity, aiming to empower consumers to own their data. This strategic change reduces SRAX's financial obligations towards BIGtoken, potentially enhancing its financial health and allowing for more focused growth in its core business.
SRAX (NASDAQ: SRAX) has announced the first Sequire Clean Tech & EV Conference scheduled for December 6, 2021, from 8:00 am to 5:00 pm ET. This one-day event will showcase leading companies in Electric Vehicles, Energy, Power, Materials, Chemicals, and Food & Agriculture. The conference aims to facilitate networking and learning about sustainable practices in clean technology. Industry experts will discuss trends driven by the new infrastructure bill. Registration is available here.
SRAX, a financial technology company, has introduced VIRA™, an AI-driven Virtual Investor Relations Assistant aimed at enhancing communication between publicly traded companies and investors. This chatbot, designed for Sequire users, streamlines access to investor relations information by transforming complex financial data into an interactive Q&A format. Currently in beta, VIRA™ is learning from user interactions, allowing companies to customize its functionality for their websites. This launch represents an innovative step in improving investor engagement and communication.
SRAX, a financial technology firm, reported Q3 2021 revenue of $8.3M, marking a 219% year-over-year increase and 8% sequential growth. The company reaffirmed its guidance for Q4 revenue at $10.1M, with a total projected annual revenue of $31.5M. Sequire bookings reached $8.9M in Q3, with a record $12.5M for Q4. Gross margins improved to 79%, while EBITDA was $940K, reflecting a $2M increase from last year. SRAX also introduced new products and expanded its partner base to 250 companies.
SRAX, Inc. (NASDAQ: SRAX) is set to host a conference call on November 15th at 4:30 PM ET to discuss its Q3 2021 results. Founder and CEO Christopher Miglino and CFO Michael Malone will provide a financial overview and answer questions during the call. Participants can join via a live webcast or by dialing in. SRAX's Sequire platform is designed to enhance investor relations and communication, while the BIGtoken marketplace allows consumers to manage their data. More information is available on srax.com.
SRAX (NASDAQ: SRAX) has launched a new feature on its Sequire platform, allowing issuers to create and customize their own investor relations (IR) websites. This tool automates the population of company and financial information and enables users to manually edit and personalize their sites. The aim is to enhance investor engagement by improving accessibility to crucial information. SRAX CEO Christopher Miglino emphasized the importance of integrating these IR websites with the Sequire platform to boost investor awareness.
SRAX, Inc. (NASDAQ: SRAX) successfully hosted the 2021 LD Micro Main Event from October 12-14 in Los Angeles, combining in-person and virtual experiences. This marked LD Micro's first in-person conference in nearly two years, featuring 139 companies presenting to investors. The conference allowed global investors to view presentations virtually, while in-person attendees participated in 1x1 meetings. Notable presentations included those from companies like Natural Shrimp and Brainchip Holdings. All company presentations will be available for viewing for three months.