Aiadvertising Inc (CE) (AIAD) Quote

it's 3'o clock and up 100%.

Yes this morning at T2/T3 Lmao

dump?it's up and clowns show.

Fr someone tax selling early lol & Yep would likely double/triple off current levels at least

Love to see it. Hope they can get this back. Nice dump today AIAD

well, i feel stupid, i am down 25,000, but i have to say i still have hope. i firmly believed in the company, and just like many others are simply waiting and hoping for the best. i have and will continue to do the best i can to find out more, but until then, just hoping for the best, may the force be with you and have a good day.

Hey, I thought I'd check in and see if the force is still with you here.. good job for all those posts over the years of nonsense. Leading to exactly what everyone else knew. That this is another scam and you're likely part of it.. and if not just plain stupid

so where we at?need to file q2q3 and hope we go from there.

$AIAD 2023 10-K https://t.co/tn42fi8rNz— JMoney💸 (@jmoney_hoops) September 12, 2024

AiAdvertising Reports Fiscal Year 2023 Financial Results

2023 Revenue up 21% to $8.2 Million Driven by Creative Services and Digital Marketing
Customer Retention Rate 94% Year-over-Year as of December 31, 2023
SAN ANTONIO --(BUSINESS WIRE)-- AiAdvertising, Inc. (OTC: AIAD), an industry leader in AI-powered digital advertising solutions, has reported its financial and operational results for the year ended December 31, 2023 .
Key Fourth Quarter and Subsequent 2024 Highlights and Business Update
Revenue for Q4 2023 was $2.3 million , up 11% from $2.1 million in Q4 2022.
Revenue for the year ended December 31, 2023 , and 2022 was $8.2 million and $6.7 , respectively, an increase of 21%.
Gross profit margin of 1.9% in 2023, a notable increase as compared to (8.4%) in the same year ago period.
Platform License revenues for the quarter ended December 31, 2023 , decreased by 48% to $87,472 due to a business model shift.
Digital Marketing revenues for the quarter ended December 31, 2023 , increased by 14% to $1.76 million .
Creative Services revenues for the quarter ended December 31, 2023 , increased by 31% to $0.46 million .
Net Loss for the quarter ended December 31, 2023 , was ($2.0) million .
Net Loss for the year ended December 31, 2023 , improved by 26% to ($6.3) million .
Net Cash used in the year ended December 31, 2023 , was $5.5 million , compared to cash used of $4.9 million a year ago.
Completed the second tranche of its securities purchase agreement with Hexagon Partners, Ltd. , a Texas -based investment company, for a strategic investment of $2.5 million .
Customer retention rate was a strong 94% year-over-year as of December 31, 2023 .
First half 2024 revenue expected to be in the $4.0 to $4.2 million range and FY 2024 revenue expected to be in the $9 to $10 million range on continued strong momentum driven by high customer retention, increased digital marketing budgets, and new customer wins.

Management Commentary
"We continued our systematic cadence of operational execution in the fourth quarter with 11% revenue growth,” said Jerry Hug , Chairman and CEO of AiAdvertising . “For the full year, both revenue and net loss improved as we began to see the cumulative results from our efforts over the last year to acquire new customers and strong growth from current customers in Digital Marketing. Moreover, our customer retention rate was a strong 94% year-over-year as of December 31, 2023 , having lost only two customers; one due to an acquisition and the other due to the client taking marketing in house.
“Benefits of our Campaign Performance Platform and its targeting capabilities continued to garner interest among new clients as cookie-based tracking becomes more in doubt. By applying AI and ML technologies to marketing and advertising solutions, our AdTech software and optimization services allow advertisers to eliminate guesswork, predict creative, and prove performance.
“Operationally, we are absolutely seeing the benefits of leveraging our AI tools which augment and automate mundane and repetitive tasks typically thought of as human-like 'seeing, listening, understanding, and creating' by our team. This is evidenced by our operational expenses remaining flat year over year while managing more clients and increased revenue. We extended our partnership with Hexagon Partners with the recent $2.5 million second tranche of its strategic investment, enabling us to focus on further development of our AI-powered targeting solutions to generate more engaging, higher-impact campaigns that drive results for our clients. In addition, with the new investment from Hexagon to propel our sales efforts, we believe we will reach cashflow breakeven in the near term.
“As the industry shifts toward solutions leveraging AI, we are focused on scaling our platform while we deliver superior results to our clients and execute on our revenue backlog. We believe we are well positioned to deliver value to our customers, partners and shareholders with first half 2024 revenue expected to be in the $4.0 to $4.2 million range and FY 2024 revenue expected to be in the $9 to $10 million range on continued strong momentum driven by high customer retention, increased digital marketing budgets, and new customer wins. Lastly, we expect to report our first and second quarter 2024 financial results soon and resume timely reporting thereafter,” concluded Hug.
FY 2023 Financial Results
Revenue for the quarter ended December 31, 2023 , and 2022 was $2.3 million and $2.1 million , respectively, an increase of 11%. The increase was primarily due to new customer wins in Digital Marketing. The Platform License segment revenues for the quarter ended December 31, 2023 , decreased by 48% to $87,472 from the prior year due to management’s focus on a hybrid model of lower platform fees to drive higher customer budget spend. Digital Marketing revenues for the quarter ended December 31, 2023 , increased by 14% to $1.76 million as a result of this strategic shift.
Revenue for the year ended December 31, 2023 , and 2022 was $8.2 million and $6.7 million , respectively, an increase of 21%. The increase was primarily due to new customer wins, but additional growth from current customers was additive due to a focus on reduced platform fees for the customer to drive higher budget spend creating more revenue and more profit for AI Advertising . Benefits of the Campaign Performance Platform and its targeting capabilities are garnering interest among new clients as cookie-based tracking becomes more in doubt. The Platform License segment revenues for the year ended December 31, 2023 , decreased by 25% to $0.47 million from the prior year. Digital Marketing revenues for the year ended December 31, 2023 , increased 33% to $6.1 million .
Gross profit in the fourth quarter of 2023, was ($0.1) million , or (4.2%) of revenues, compared to a gross loss of ( $284,558 ), or (13.7%) of revenues, in the comparable year ago quarter. Gross profit in the year ended December 31, 2023 , was $0.2 million , or 1.9% of revenues, compared to a gross loss of ( $567,918 ), or (8.4%) of revenues, in the prior year. Gross profit and gross margin percentage improved due to leveraging our costs over a greater revenue base created by increased customer digital marketing budgets.
Total operating expenses for the quarter ended December 31, 2023 , were $1.9 million , compared to $1.6 million in the prior year. Total operating expenses for the year ended December 31, 2023 , were $6.9 million , compared to $8.0 million in the prior year.
Operating activities for continuing operations used $5.5 million in net cash for the year ended December 31, 2023 , compared to $4.9 million for the year ended December 31, 2022 . The increase in cash flow used in operating activities was primarily due to an increase in accounts receivable from revenue growth in the fourth quarter, reduced accounts payable from better liquidity reserves compared to a year ago and reduced deferred revenue at year-end.
Net loss for the quarter ended December 31, 2023 , was ($2.0) million , as compared to a net loss of ($1.9) million in 2022. Net loss for the year ended December 31, 2023 , was ($6.3) million , as compared to a net loss of ($8.5) million in 2022.
Cash and cash equivalents totaled $0.1 million at December 31, 2023 , as compared to $0.1 million at December 31, 2022 .
John C. Small , Chief Financial Officer of AiAdvertising , added, “As of today, we believe that our existing cash, together with the additional strategic investment of $2.5 million from Hexagon Partners and $0.7 million in account receivables, will be sufficient to meet our anticipated capital requirements to fund planned operations as we approach cash flow breakeven.”

i wonder how long a guy like Tom Hicks is gonna wait to move this up,prob.after nov.5,Now also on one of $wdlf new space co.

How did a company that seem to have handle on the direction go caput overnight?
They were hiring industry greats and then went radio silent.
What is our recourse? Can there be a class action lawsuit against these goons?
As many here I am vested heavily, yes money that I can afford to lose.

Professional who deal with this situation please provide input. I did send an email to the emails provided.

ok, i have reached out to Mr. Trumball, of the fl. senate and Mr. Griffith, a fl. representative. I have informrd them of our situation , in reference to aiad, and will keep you updated. now, this just occurred in the last few days, so it will take time. i do believe that with the knowledge of the Dunn family and brad parscales involvement, it will happen faster than normal but am not sure, at any rate i am trying.any other help would be appreciated, may the force be with us.

I called 973-818-2879 and was able to leave a message but no human contact. This is a New Jersey phone number for a Texas based company. I am thinking recent billionaire that threw 10 million at it pulled the plug and there is no real business going on but filing the late filing notice is baffling. Who knows may be they will reappear at some point. GLTA

Another NT filing

Same with emails:

jerry.hug@aiadvertising.com

john.small@aiadvertising.com

I have two numbers for AIAD and no one answers and does not take messages on one and the other simply does no go through. This one seems to be done. I hope I am wrong but with no information from the company since going to expert market not much to grasp onto. GLTA

you are correct! they were a convertible note scam...just like any other Santa Barbara sister company! They are falling slowly but falling.

Anyone have a block of shares they are willing to sell of this stock?

Billionaire dropped 10 mil on this company to help it out and probably said not a dime more!!! Reallt thought they would have done something to get out of trips but sitting at .0001 for a whlie now so not expecting a comeback at this point!. GLTA

Management really dropped the ball here...

contacted Collie Easton at WSJ, who recently did story on Mr. Dunn, in hopes of getting some more info on situation with stock. here is what i informed him: have you heard of AIAD, otc stock funded with mr . Dunn and involving Brad Parscale? it has been placed on expert market, and we can not get any response from anyone, putting shareholders in bad shape, any help would be appreciated. : if anyone has any other ideas, please share them, i simply put dont have the finances or i would try to arrange a meeting with someone to get us some answers. hoping Mr. Easton will make some attempt.

Why anyone would want to bankroll an 'AI' company with 0 data scientists and just a bunch of old trump supporters running the show is beyond me.

Oh well, a fool and their money ...

Thank you! If you have more specific information then please let me know! I have a large investment in RONN and if it works out l am hoping to help bankroll the company and find equal partners!

I agree. This is SEC business. You can't just say no RS after there has been a public in compliance filing.

He is making it up, there has been no such announcement.

Where do you see this?

Where you see this bruv

RS canceled

So are they just never going to file. Wtf

It never was an AI company. They have 0 data scientists on staff.

RS on 1.18B Float. What idiots.

Where do you see this?

I called E-Trade to try and buy at these levels but they said they could not do it. It is pathetic tho company specilizes in AI and not able to project it's own finances much less just file them. Billionair pumps 7.5 million into company and now it sits at .0002 some one must be a little upset!!!! GLTA

lol...so pathetic...AIAD will make a ten bagger from these levels anyway soon...at least.

link?

RS cancelled!!!! Adding

Thanks...GLTA.

https://stocktwits.com/Superspeedy/message/572503631

Wth happened here? Still haven’t filed yet? Down bad….

Why post this garbage twice?

@Go_AiAd
#BradParscale and #Trump2024 #AI evangelist
https://www.thealpenanews.com/news/national-news-apwire/2024/05/brad-parscale-to-help-trump-campaign-as-ai-evangelist/

@Go_AiAd
#BradParscale and #Trump2024 #AI evangelist
https://www.thealpenanews.com/news/national-news-apwire/2024/05/brad-parscale-to-help-trump-campaign-as-ai-evangelist/

When you cannot sell yourself how do you convince others to use your product.
Never thought it would come to this. Lesson learnt, Even when you see lot of good talent joining the company. When it is OTC be very careful.

R/S here it comes: http://archive.fast-edgar.com/20240430/AB2T322CLW22323Z282H2WY2M77RZ222Z262/

Yes, they will. Then back to 0.004

I believe they will file soon

There's not a bit of telling what the next few weeks holds, but eventually we'll find out.

Apparently AI did not get them new customers and surely didn't help them figure out how to finalize their income and loss records. If I had just dumped 10 million into this company I would be pretty upset about now!!!!! GLTA

Wth happened here :( is this toast