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SRAX Inc. (NASDAQ: SRAX) Hosts 2021 Earnings Call; Company Boosts 2022 Revenue Guidance and Outlines New Growth Initiatives

  • SRAX hosted their 2021 Q4 as well as their full-year results earnings call on April 4, 2022
  • During the call, the company revealed it had achieved a record $46.1 million in bookings in 2021, and simultaneously boosted their 2022 revenue forecast to $47-49 million
  • SRAX and investor intelligence platform, Sequire, have recently undertaken a number of corporate initiatives designed to further their growth
  • Measures include further expanding Sequire’s line-up of investor conferences as well as introducing additional investor intelligence tools for the platform’s corporate subscribers

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, recently completed for what all purposes was a truly banner year for the company. SRAX achieved $46.1 million in bookings for 2021, whilst simultaneously boosting the number of issuers currently subscribing to the Sequire platform to 278 publicly listed corporations. Meanwhile and during the company’s recent annual earnings call on April 4, 2022, SRAX CEO Chris Miglino boosted the company’s full year 2022 revenue guidance to $47 million – $49 million – a further affirmation of SRAX’s positive corporate outlook going forward (https://ibn.fm/mYKQ0).

SRAX’s Sequire SaaS platform has rapidly established itself as a key tool for investor relations teams, assisting public companies in gaining a better understanding of their end-investors, whilst simultaneously allowing them to manage a variety of tasks related to their day-to-day operations. SRAX further boosted the appeal of their investor ecosystem through the addition of LD Micro, the largest microcap investor conference in the country, which in turn, has emerged as a key informational hub for the United States’ growing retail investor base. The company has also seized on the changing dynamic within corporate access, leveraging on the growing interest for virtual investor conferences through the licensing of its digital conference software to several banks across the globe. 

Going forward, the company has announced several new initiatives set to act as further operational drivers. In late April, SRAX will host the Sequire Cannabis & Psychedelic Conference, with the one-day virtual investor conference set to be held via SRAX’s Sequire Virtual Events platform. The event, which will bring together as many as nine million active small-cap investors alongside 25 of the nation’s leading cannabis & psychedelic companies, marks a continuation of a strategy which has seen Sequire firmly establish itself as a bustling, synergetic community hub for millions of retail and institutional investors (https://ibn.fm/X1VSB).

With Sequire having already announced $15.6 million bookings for the first quarter of 2022 – the second highest grossing quarter in the company’s history, the company’s momentum remains robust for the upcoming financial year. With new initiatives set to drive added value for both the company’s corporate subscribers, as well as for the millions of investors comprising their burgeoning investment community, SRAX and the Sequire platform look well placed to continue building upon their recent growth trajectory.

For more information, visit the company’s website at 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

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