Targeted Strategies for Today's Evolving Markets

MissionIR Blog

MissionIRNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Releases Q1, Full-Year Revenue Guidance for 2022

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, has released its full-year and Q1 2022 revenue guidance. The company noted that it is looking for a full-year 2022 guidance of $46‑48 million, which is an increase of approximately 50% over 2021’s unaudited revenue, which was approximately $31.5 million. In addition, the company noted that its Q1 2022 is $11.5 million, which represents an 111% increase over last year’s guidance for the same period. According to the announcement, the Sequire platform last year saw an increase in both subscribers and functionality, which led to growth last year and contributes to the anticipated increase in this year’s guidance. “Our team did excellent work in 2021, meeting and exceeding our guidance,” said SRAX founder and CEO Christopher Miglino in the press release. “The nature of our annual contracts provides us exceptional visibility into revenue. We are projecting that we will have our largest quarter ever in Q1 of 2022. With an acceleration in sales at the end of Q4, we are very comfortable in providing a full-year, 2022 guidance of $46-$48M.”

To view the full press release, visit https://ibn.fm/OdyRj

About SRAX Inc.

SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, please visit www.SRAX.com

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

This entry was posted in SRAX, Inc. SRAX. Bookmark the permalink.

Comments are closed.