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Sabio Holdings Inc. (V:SBIO)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: 16350 Ventura Boulevard, #D827, Encino
LOS ANGELES CA 91436
Tel: N/A
Website: https://www.sabioholding.com
IR: See website
Key People
Aziz Rahimtoola
Chairman of the Board, Chief Executive Officer
Sajid Premji
Chief Financial Officer
Helen Lum
Executive Vice President - App Science
Joe Camacho
Chief Global Expansion Officer
Tim Russell
Chief Revenue Officer
 
Business Overview
Sabio Holdings Inc. is a connected TV (CTV)/over-the-top (OTT) technology and service provider in the high-growth ad-supported video-on-demand (AVOD) and streaming space. The Company's cloud-based CTV/OTT technologies provide publishers with distribution, monetization, and analytics while delivering ROI validation for brands and agencies. The Company's portfolio is comprised of Sabio, a transparent content monetization Demand Side Platform (DSP); App Science, a non-panel-based, real-time measurement and attribution software-as-a-service (SaaS) platform, and Vidillion, a cloud-based ad-insertion, and content distribution and management platform. The Company's wholly owned subsidiaries include Vidillion Corp., App Science, Inc., and Sabio, Inc.
Financial Overview
For the nine months ended 30 September 2023, Sabio Holdings Inc revenues decreased 6% to $23.3M. Net loss increased from $2.9M to $5.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Sales and marketing increase of 27% to $10.5M (expense), Amortization of lease increase of 98% to $443K (expense), Occupancy increase of 23% to $497K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $16.84M as of Sep 30, 2023
Annual revenue (TTM): $56.29M as of Sep 30, 2023
EBITDA (TTM): -$3.34M as of Sep 30, 2023
Net annual income (TTM): -$5.34M as of Sep 30, 2023
Free cash flow (TTM): -$5.81M as of Sep 30, 2023
Net Debt Last Fiscal Year: $11.61M as of Sep 30, 2023
Shares outstanding: 50,092,411 as of Mar 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization