TSXV:SBIO - Post Discussion
Post by
Betteryear2 on Apr 20, 2022 3:54pm
Sabio Delivers Record Q4-2021 Results
- Revenues of US$10.6 million in Q4-2021 compared to US$5.4 million in Q4-2020, an increase of 96% driven by a 664% growth in Connected TV ("CTV").
- Gross Profit of US$6.25 million in Q4-2021 compared to US$3.1 million in Q4-2020, an increase of 102%.
- Positive Adjusted EBITDA (see "Use of Non-IFRS Measures" below) of US$1.7 million for Q4-2021 compared to US$1.6 million in Q4-2020.
- Robust sales momentum has continued into 2022 with a strong sales pipeline and increased interest from major brands and agencies for annual and multi-year deals.
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN THE UNITED STATES. ANY SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.
TORONTO, April 20, 2022 /CNW/ -- Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio"), a leading provider of CTV/OTT advertising platforms validated by performance, is pleased to announce its audited consolidated annual results and results for the fiscal fourth quarter ended December 31, 2021. Unless otherwise indicated, all amounts are expressed in U.S. dollars.
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