Adcore Inc
TSX:ADCO

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Adcore Inc
TSX:ADCO
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Price: 0.265 CAD Market Closed
Market Cap: 16m CAD

Adcore Inc
Investor Relations

Adcore, Inc. is a global advertising technology company. The company is headquartered in Toronto, Ontario. The company went IPO on 2018-09-12. The firm provides an advertising technology platform, which provides automated solutions for day-to-day search engine marketing (SEM) tasks. The company offers a wide range of products and services, such as SEMDoc, Feeditor, and ADCORE Views. Its offered suite of solutions empowers digital advertisers with automated solutions to enhance and maximize their Search Engine Marketing. Its technologies are designed for in-house marketing professionals, freelancers and advertising agencies to scale their SEM activity. The firm offers its services to retail, travel, financial, food and educational institutions.

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ADCO
S&P TSX Composite Index (Canada)

Earnings Calls

2025 Q1
May 15, 2025
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Strong Q1 Growth Signals Optimism for 2025 Revenue Goals
2025 Q1
May 15, 2025

In Q1 2025, Adcore reported a modest revenue increase of 2% to $7 million, with stable gross profit at $3.1 million and a gross margin of 44%. Notably, cash flow from operations surged to $263,000, marking a significant improvement from $13,000 a year prior. The company aims for a 25% revenue growth target for 2025, targeting $40 million in total revenue. Positive momentum was driven particularly by the Media Blast app, which achieved a record ARR of $2.3 million, a 300% year-on-year increase. The company remains optimistic about meeting its ambitious growth and cash flow goals through increased client acquisition and expanding service offerings.

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Management

Mr. Omri Brill
Founder, President, CEO & Chairman
No Bio Available
Mr. Amit Konforty CPA
Chief Financial Officer
No Bio Available
Mr. Roy Nevo
COO & Director
No Bio Available
Ms. Ronit Moll
Chief Data Officer, GM of Australia & New Zealand
No Bio Available
Mr. Rob Reynolds
Commercial Director
No Bio Available
Mr. Vadim Malkin
Chief Technology Officer
No Bio Available
Advocate Zehavit Dan
General Counsel & Corporate Secretary
No Bio Available
Mr. Yossi Elchanan
Chief Marketing Officer
No Bio Available
Mr. Martijn Van den Bemd
Chief Partnership Officer
No Bio Available
Ms. Lilach Shazar
Head of Growth
No Bio Available

Contacts

Address
ONTARIO
TORONTO
100 King St W Suite 1600, PO Box 121 Stn 1st Can Place
Contacts
+14157994515.0
www.adcore.com