Golden Cross
5 years ago
Dennis Becker of Mobivity to Moderate the CEO Roundtable at the Fast Casual Executive Summit
Leading Restaurant Executives to Discuss the State of the Industry
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October 03, 2019 08:05 ET | Source: Mobivity Holdings Corp.
PHOENIX, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Mobivity Holdings Corp. (OTCQB: MFON), creators of the award-winning customer personalization platform, Recurrency, announced today that Dennis Becker, Mobivity Chairman and CEO, will moderate the CEO Roundtable focusing on the state of the industry during the Fast Casual Executive Summit on Tuesday, October 15 at 3:45 p.m. at the JW Marriot in Austin, TX.
Specifically designed for restaurant professionals, the CEO Roundtable brings together leaders in the restaurant industry with interactive discussion, delivering expert insights and takeaways. The topic keeps pace with the rapidly changing expectations and challenges currently facing restaurant leaders and professionals.
Becker will moderate the CEO panel discussing what it will take to succeed in 2020 and beyond alongside Michelle Bythewood, President of Salata, Sam Ferreira, President of Gloria Jeanโs Gourmet Coffees and Itโs A Grind Coffee House, Chris Fuqua, CEO of B.GOOD, Keith Guilbault, CEO of Qdoba, and Patrick Renna, President of Wahlburgers.
Additionally, Deena McKinley, CMO of Mobivity clients Papa Ginoโs Pizzeria & DโAngelo Grilled Sandwiches, will be speaking on the panel โUsing Digital to Increase Your Carry-Out Profitsโ on Tuesday, October 15 at 11:25 a.m. This panel will explore strategies for driving off-premise growth in pickup via first-party and digital marketplace platforms. As a Mobivity customer, McKinley will discuss how the Recurrency platform helped the restaurants drive over 25,000 transactions and $125,000 in attributable revenue in the first three months of the program, while continuing to drive customer frequency and spend.
If you are interested in connecting with Mobivity at the Fast Casual Executive Summit, please email guylaine.diehl@mobivity.com.
About Dennis Becker
Dennis Becker is the Chairman and CEO of Mobivity, creator of a first-of-its-kind customer frequency driving platform, Recurrency. Now leading Mobivity, he works with brands like Subway, Sonic Drive-In, and others across more than 40,000 locations worldwide to increase customer engagement and frequency through a better understanding of customer habits and behavior. Throughout his career, Becker has focused on building, financing, and acquiring enterprises that redefine the way technology and business interact. Under his leadership, Mobivity is a disruptor that is driving customer frequency for some of the worldโs largest brands.
About Mobivity
Brick and mortar stores struggle to manage customer connections in a digital world. Mobivity provides a platform to connect national restaurants, retailers, personal care brands and their partners with customers to increase retention, visits, and spend. Mobivityโs Recurrency platform increases customer engagement and frequency by capturing detailed POS transaction records, analyzing customer habits, and motivating customers and employees through data-driven messaging applications and rewards. For more information about Mobivity, visit mobivity.com or call (877) 282-7660.
Media Contact
Jennifer Handshew โข Marketing Communications, Mobivity
jennifer.handshew@mobivity.com โข (917) 359-8838
QualityStocks
12 years ago
MFON Reports Record Financial Results; Revenues Skyrocket 620%
CommerceTel, an award-winning provider of proprietary mobile marketing technologies, today reported record revenue, gross profit, and reduced operating losses for Q1 2012.
Revenues for the three month period totaled $1,013,206, 620.4% greater than what was reported for the same quarter a year earlier. Gross margin profit was reported at $645,437 for the quarter, up 962% from the same period a year ago. Gross margins for the first quarter increased to 63.7% from 43.2% in 2011.
The increase in gross profit as a percentage of revenue was attributed to the three acquired operating segments which generated higher gross margins and allowed for greater leverage of fixed expenses. Increased volume of SMS traffic also allowed for a reduction of more than 50% in per-message costs beginning in January 2012. Management expects these costs to continue to decline significantly in 2012 as pricing synergies are obtained by consolidating the operations of the acquired companies.
Operating expenses for the first quarter of 2012 were $1,579,663, consisting of approximately $312,873 in selling expenses and approximately $951,986 million in general and administrative expenses. Operating expenses include $250,532 in share-based compensation. Operating loss was $934,226 in the three months ended March 31, 2012, compared to an operating loss of $775,866 in the corresponding period a year ago.
As of March 31, 2012, the company had $240 in cash compared to $396 at year-end December 31, 2011. Total accounts receivable increased from $243,846 in 2011 to $227,259 in 2012. Total notes payable outstanding were $2,116,212 at March 31, 2012 compared to $1,825,714 at December 31, 2011.