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Stock impact report

Mobivity Announces Fourth Quarter and Full Year 2023 Financial Results

MOBIVITY HOLDINGS CORP (MFON) 
NASDAQ:AMEX Investor Relations: ir.mobivity.com
Company Research Source: GlobeNewswire
PHOENIX, April 16, 2024 (GLOBE NEWSWIRE) -- Mobivity Holdings Corp. (OTCQB: MFON), a provider of technology connecting mobile gaming audiences to real-world brands and products, today announced financial results for the fourth quarter (“Q4”) and full year ending December 31, 2023. Q4 2023 Financial Highlights Revenues of $1.6 million compared to $1.7 million in Q4 2022Cash and cash equivalents totaled $0.4 million on December 31, 2023Adjusted EBITDA, excluding certain non-cash expenses improved to ($1.2) million compared to ($1.7) million in Q4 2022 Recent Business Highlights Ramped active Connected Rewards campaigns more than 2x since Q3 2023 and launched 3 new product offerings with improved resultsLaunched user acquisition campaigns in brand-owned apps for premier fuel and convenience brands, innovative and international restaurant brands, and delivered exceptional performance in d Show less Read more
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