VerticalScope Holdings Inc Stock Price, News & Analysis

VerticalScope Holdings (TSX: FORA; OTCQX: VFORF) held its annual general meeting on June 18, 2025, where shareholders voted on key matters. All five nominated directors were successfully elected with strong approval rates ranging from 94.4% to 97.1%. The elected board members include Rob Laidlaw, Wayne Bigby, Cory Janssen, Michael Washinushi, and Philip Evershed. Additionally, MNP LLP was reappointed as the company's auditor with 97.444% of votes in favor. The complete voting results are available on SEDAR+ at www.sedarplus.ca.

VerticalScope Holdings (TSX: FORA; OTCQX: VFORF) announced key leadership changes to drive its next growth phase. Chris Goodridge, previously President and COO, has been appointed CEO, succeeding founder Rob Laidlaw who remains Chair of the Board. Additionally, Ezra Menaged, former CEO of Hometalk, has been promoted to COO. The company, which operates a cloud-based digital platform for over 1,200 enthusiast communities with two billion posts, is focusing on execution, speed, and innovation as generative AI transforms content discovery and engagement. The leadership transition aims to accelerate AI adoption, expand direct traffic, and diversify revenue streams across VerticalScope's community-based platforms.

VerticalScope (VFORF) reported challenging Q1 2025 financial results with revenue declining 8% to $13.6M due to weaker programmatic video ads and slower direct advertising. The company's Adjusted EBITDA fell 30% to $3.6M, with margin decreasing to 27% from 36% year-over-year. Net loss widened to $2.4M ($0.11 per share) from $1.0M last year. Despite challenges, the company maintained strong cash generation with Operating Cash Flow of $3.0M and Free Cash Flow of $3.1M. During Q1, VerticalScope invested $5.5M in acquisitions, adding 23 online communities. The company faced headwinds from Google's search algorithm changes affecting traffic, with Monthly Active Users (MAUs) down 8%. Management remains focused on AI integration and platform optimization to improve engagement and monetization.

VerticalScope Holdings (TSX: FORA; OTCQX: VFORF) has scheduled the release of its first quarter 2025 financial results after market close on Tuesday, May 13, 2025. The company will host a conference call and webcast to discuss the results on Wednesday, May 14, 2025, at 8:00 a.m. ET.

Investors can access the live call through telephone lines in Canada (+1 833 950 0062) and United States (+1 833 470 1428) using access code 610147. An archived recording of the webcast will be available on the company's investor relations website.

VerticalScope Holdings (TSX: FORA; OTCQX: VFORF) announced that a trust for Founder, Chair and CEO Rob Laidlaw or his family has purchased 205,649 subordinate voting shares on the open market for approximately CAD $1,000,000.

Following this acquisition through the Toronto Stock Exchange and alternative Canadian trading systems, Laidlaw or his family now control:

• 2,957,265 multiple voting shares (100% of this share class)
• 601,582 subordinate voting shares (approximately 3.2% of outstanding shares)

Laidlaw stated this investment demonstrates his confidence in the company's resilience, the Fora platform's strength, and their ability to execute their product roadmap and long-term strategy despite current economic uncertainty.

VerticalScope Holdings (TSX: FORA; OTCQX: VFORF) has issued a revised business outlook for 2025, citing significant headwinds in early 2025. The company faces two main challenges:

1. Changes to video advertising classification have led to reduced bidder activity and lower CPMs, resulting in decreased video ad revenue in Q1 2025.

2. Google's March core algorithm update has caused approximately 10% decline in monthly active users (MAUs).

Key financial projections for 2025:

• Adjusted EBITDA: US$21-24 million
• Free Cash Flow: US$20-22 million
• Free Cash Flow conversion: 85% or above

Despite challenges, the company has completed four acquisitions totaling US$7.3 million year-to-date and continues investing in AI-driven products. VerticalScope aims to maintain leverage between 1.0-1.5x throughout 2025.

VerticalScope (VFORF) reported strong Q4 2024 financial results with significant growth across key metrics. Revenue increased 11% to $19.9 million, driven by 15% growth in Digital Advertising. Monthly Active Users (MAUs) grew 6% year-over-year to 114 million.

Q4 2024 highlights include:

• Adjusted EBITDA up 22% to $10.1M with 51% margin
• Free Cash Flow increased 17% to $9.4M
• Net loss of $0.7M compared to $2.1M profit in Q4 2023

Full Year 2024 performance showed revenue growth of 13% to $69.1M, Adjusted EBITDA increase of 27% to $29.8M, and Free Cash Flow growth of 34% to $27.6M. The company reduced debt by $19M and repurchased $2.1M in shares. VerticalScope also announced an agreement to acquire Enthused Digital, comprising over 20 communities with 3.5 million MAUs.

VerticalScope Holdings (TSX: FORA; OTCQX: VFORF) has scheduled the release of its fourth quarter and full year 2024 financial results for Wednesday, March 12, 2025, after market close. The company will host a conference call and webcast to discuss these results on Thursday, March 13, 2025, at 8:00 a.m. ET.

Investors can participate through a live webcast or by telephone, with dedicated toll-free lines available for both Canadian and US participants. An archived recording of the webcast will be made available on the company's investor relations website for those unable to attend the live event.

VerticalScope Holdings reported strong Q3 2024 results with significant growth across key metrics. Revenue increased 15% to $17.8 million, driven by a 22% rise in Digital Advertising revenue. The company achieved record Monthly Active Users of 122 million, up 21% year-over-year. Adjusted EBITDA grew 9% to $7.4 million with 42% margins, while Free Cash Flow increased 7% to $6.4 million. The company strengthened its balance sheet by reducing debt, with net leverage improving to 1.3x. Net Income reached $1.2 million with Earnings Per Share of $0.06.