Adcore Inc. (ADCOF) This autumn 2023 Earnings Name Transcript

Adcore Inc. (OTCQX:ADCOF) This autumn 2023 Outcomes Convention Name March 20, 2024 11:00 AM ET

Firm Individuals

Omri Brill – Chief Government Officer
Amit Konforty – Director, Finance


Hi there, everybody. Good morning, and welcome to Adcore’s investor replace convention name. All attendees are on mute and in a listen-only mode throughout this convention. On right now’s name, the corporate CEO, Omri Brill, who will present a administration declaration. Subsequently, Adcore’s CFO, Amit Konforty will current a monetary overview of the corporate’s This autumn 2023 and a full yr 2023 monetary assertion. We’ll then tackle pre-sent questions and, time allowing, take questions from contributors.

Earlier than we proceed additional, I need to guarantee your consideration to the Secure Harbor assertion relevant to our dialogue. IT is vital that you just take a couple of minutes to learn the assertion fastidiously. The assertion will even be viewable on our web site as soon as the decision is completed. Please take a second to overview the assertion in your display screen.

I’ll now flip the decision over to Adcore CEO, Omri Brill.

Omri Brill

Thanks very a lot, Atara, and, welcome everybody for, right now, incomes name. IT‘s my pleasure to current our Q 2023 numbers and the total yr 2023 numbers and clearly, focus on the strategic initiative the corporate will take already taken in 2024.

So, let me share my presentation, please. Second, This autumn 2023 and all the yr of 2023 was a interval of sturdy efficiency for Adcore, marked by vital achievement and optimistic progress. So all-in-all, we’re very happy and proud of the consequence we achieved in This autumn and clearly for the total yr of 2023. And let’s dive into some numbers.

So, if we have a look at the This autumn, top-line income, IT was CAD9 million, in comparison with CAD8.8 million within the earlier yr. And complete gross revenue was CAD3.7

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