on Collective Audience
Collective Audience Reports Record Revenue and Announces 2025 Outlook
Collective Audience, Inc., a performance advertising firm, anticipates significant growth, propelled by major acquisitions. The company projects third quarter 2024 pro forma revenue at $1.8 million, a 65% increase from the previous quarter. Additionally, it expects an improved adjusted EBITDA with a loss reduced to $92,000.
This performance is mainly attributed to acquiring DSL Digital and BeOp, enhancing their product and service offerings. With these additions, Collective Audience aims for $7.5 million revenue and positive EBITDA by year-end. The company has secured $2.2 million in new Q4 client bookings, reinforcing confidence in future growth.
Collective Audience outlines plans to launch new products, including programmatic ad solutions and VAST video advertising. Looking ahead, it foresees over 80% revenue growth in 2025, leveraging industry changes in consumer privacy regulations. The firm is also eyeing further acquisitions to bolster its market position.
R. P.
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