Communication Services - Advertising Agencies - NASDAQ - US
$ 0.06
0 %
$ 1.75 M
Market Cap
-0.05
P/E
SRAX, Inc., a technology company, focused on enhancing communications between public companies and their shareholders and investors in the United States. The company offers Sequire, a Saas platform that allows issuers to track their shareholders' behaviors and trends, then use data-driven insights to engage with shareholders across marketing channels. It also organizes and hosts investor conferences within the micro and small- cap space. The company markets and sells its services through its in-house sales and marketing team. The company was formerly known as Social Reality, Inc. and changed its name to SRAX, Inc. in August 2019. SRAX, Inc. was founded in 2009 and is headquartered in Westlake Village, California.[ Read More ]
The intrinsic value of one SRAX stock under the base case scenario is HIDDEN Compared to the current market price of 0.06 USD, SRAX, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart SRAX
FINANCIALS
27.9 M
REVENUE
4 M
OPERATING INCOME
-31.6 M
NET INCOME
-12.3 M
OPERATING CASH FLOW
6.19 M
INVESTING CASH FLOW
4.8 M
FINANCING CASH FLOW
7.33 M
REVENUE
4.08 M
OPERATING INCOME
-8.52 M
NET INCOME
-3.65 M
OPERATING CASH FLOW
1.89 M
INVESTING CASH FLOW
1.65 M
FINANCING CASH FLOW
Balance Sheet Decomposition
SRAX, Inc.
| Current Assets | 8.85 M |
| Cash & Short-Term Investments | 7.94 M |
| Receivables | 748 K |
| Other Current Assets | 167 K |
| Non-Current Assets | 9.22 M |
| Long-Term Investments | 1.26 M |
| PP&E | 186 K |
| Other Non-Current Assets | 7.78 M |
| Current Liabilities | 21.7 M |
| Accounts Payable | 7.48 M |
| Short-Term Debt | 1.3 M |
| Other Current Liabilities | 12.9 M |
| Non-Current Liabilities | 5.6 M |
| Long-Term Debt | 5.6 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
SRAX, Inc.
| Revenue | 27.9 M |
| Cost Of Revenue | 9.41 M |
| Gross Profit | 18.4 M |
| Operating Expenses | 14.7 M |
| Operating Income | 4 M |
| Other Expenses | 35.6 M |
| Net Income | -31.6 M |
RATIOS
66.21%
GROSS MARGIN
14.37%
OPERATING MARGIN
-113.56%
NET MARGIN
342.07%
ROE
-175.09%
ROA
-162.20%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
SRAX, Inc.
| Net Income | -31.6 M |
| Depreciation & Amortization | 547 K |
| Capital Expenditures | -441 K |
| Stock-Based Compensation | -156 K |
| Change in Working Capital | -15.2 M |
| Others | 18.4 M |
| Free Cash Flow | -12.8 M |
Wall Street Analysts Price Targets
SRAX, Inc.
SRAX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
SRAX, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
750 USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
10 months ago
Dec 26, 2023
|
Bought 750 USD
|
MIGLINO CHRISTOPHER
Chief Executive Officer |
+ 15000
|
0.05 USD |
|
5 years ago
Dec 28, 2018
|
Bought 147 K USD
|
MIGLINO CHRISTOPHER
Chief Executive Officer |
+ 80000
|
1.8316 USD |
|
5 years ago
Dec 26, 2018
|
Bought 16 K USD
|
MIGLINO CHRISTOPHER
Chief Executive Officer |
+ 10000
|
1.6 USD |
|
5 years ago
Dec 20, 2018
|
Bought 20.3 K USD
|
MIGLINO CHRISTOPHER
Chief Executive Officer |
+ 10000
|
2.03 USD |
|
5 years ago
Dec 19, 2018
|
Bought 23.5 K USD
|
MIGLINO CHRISTOPHER
Chief Executive Officer |
+ 10000
|
2.35 USD |
|
5 years ago
Dec 17, 2018
|
Bought 25 K USD
|
MIGLINO CHRISTOPHER
Chief Executive Officer |
+ 10000
|
2.5 USD |
|
7 years ago
Aug 21, 2017
|
Bought 13.8 K USD
|
Hannan Joseph Patrick
Chief Financial Officer |
+ 10000
|
1.38 USD |
|
7 years ago
Nov 21, 2016
|
Bought 7.8 K USD
|
Hannan Joseph Patrick
Chief Financial Officer |
+ 1250
|
6.24 USD |
|
8 years ago
Nov 18, 2016
|
Bought 15.6 K USD
|
Hannan Joseph Patrick
Chief Financial Officer |
+ 2500
|
6.24 USD |
|
8 years ago
Mar 18, 2016
|
Bought 11.2 K USD
|
Sumichrast Martin A.
director, 10 percent owner: |
+ 8929
|
1.25 USD |
|
8 years ago
Mar 18, 2016
|
Sell 11.2 K USD
|
Sumichrast Martin A.
director, 10 percent owner: |
- 8929
|
1.25 USD |
|
8 years ago
Jan 28, 2016
|
Bought 58.8 K USD
|
Sumichrast Martin A.
director, 10 percent owner: |
+ 58750
|
1 USD |
|
8 years ago
Jan 28, 2016
|
Bought 58.8 K USD
|
Sumichrast Martin A.
director, 10 percent owner: |
+ 58750
|
1 USD |
|
8 years ago
Jan 28, 2016
|
Bought 58.8 K USD
|
SISKEY RICHARD C
10 percent owner |
+ 58750
|
1 USD |
|
8 years ago
Jan 28, 2016
|
Bought 58.8 K USD
|
SISKEY RICHARD C
10 percent owner |
+ 58750
|
1 USD |
|
8 years ago
Jan 28, 2016
|
Bought 30 K USD
|
Savas Marc
Director |
+ 30000
|
1 USD |
7. News
SRAX Signs Agreement to Merge with DNA Holdings
Westlake Village, CA, May 08, 2024 (GLOBE NEWSWIRE) -- SRAX Inc. (OTC: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its SaaS platform Sequire, announced today it has entered into a definitive merger agreement with DNA Holdings Venture Inc. pursuant to which the shareholders of DNA will become the majority owners of SRAX's outstanding common stock as more fully described below upon the closing of the merger.
globenewswire.com
- 6 months ago
SRAX SHAREHOLDER LETTER
Westlake Village, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Dear Shareholders, As I write to you today, I do so with a sense of deep reflection on the year that has passed. It's been a period that tested our resilience.
globenewswire.com
- 11 months ago
Richardson Electronics, Ltd. to Attend the LD Micro Invitational XVI
Presentation on Tuesday, October 3rd at 10:30 A.M. PT / 1:30 P.M.
newsfilecorp.com
- 1 year ago
SRAX Creates Advisory Board With Company's Largest Shareholders
LOS ANGELES, July 17, 2023 (GLOBE NEWSWIRE) -- SRAX, Inc. (OTC: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced today it has created an Advisory Board that is comprised of 4 of the company's largest shareholders.
globenewswire.com
- 1 year ago
SRAX Inc. To Integrate GlobeNewswire Into the Sequire Platform
LOS ANGELES, April 27, 2023 (GLOBE NEWSWIRE) -- SRAX, Inc. (OTC: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced today it will integrate GlobeNewswire, a global news distribution service, to launch a self-serve press release feature through its investor intelligence and communications platform, Sequire
globenewswire.com
- 1 year ago
SRAX Announces Appointment of New CFO
Los Angeles, California--(Newsfile Corp. - March 20, 2023) - SRAX, Inc. (NASDAQ: SRAX), a leading financial technology company, has announced the appointment of Alan Urban as the CFO of SRAX. Mr. Urban has over 30 years of experience in corporate finance and accounting.
newsfilecorp.com
- 1 year ago
Tribal Rides International, Inc. (OTCPK:XNDA) Engages Investor Relations Firm SRAX (NASDAQ:SRAX) Mobility-as-a-Service Software Company to Benefit from Comprehensive Marketing Program
LOS ANGELES, CA and MISSION VIEJO, CA / ACCESSWIRE / March 13, 2023 / Tribal Rides International, Inc. ("Tribal Rides" or the "Company") (OTCPK:XNDA), a California-based software company, announces that it has engaged investor relations and communications marketing firm SRAX, Inc. ("SRAX") to present and market the Company's Mobility-As-A-Service (MAAS) software solutions. The developing MAAS applications integrate comprehensive social networks and mobile apps to enable users to create and manage their own highly personalized transportation experience; form and/or join groups; collaborate on cost-saving strategies; find, schedule, and obtain transportation services from within the groups in which they belong, and easily and securely conduct financial transactions.
accesswire.com
- 1 year ago
SRAX Reassures Investors of Business Health Amid Delisting Notice
Los Angeles, California--(Newsfile Corp. - March 9, 2023) - SRAX, Inc. (NASDAQ: SRAX), a financial technology company that provides data and insights to publicly traded companies through its SaaS platform Sequire, would like to reassure its investors that the company's core business remains strong despite the recent delisting notice from NASDAQ. The delisting was caused by a late filing, and the company is actively working to regain compliance as soon as possible.
newsfilecorp.com
- 1 year ago
SRAX Receives Delisting Notice from NASDAQ
Los Angeles, California--(Newsfile Corp. - March 8, 2023) - SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced that it received a delisting notice from NASDAQ after the close of the market on March 7, 2023. The delisting notice states that the company's shares will be suspended from trading on NASDAQ at the opening of business on March 9, 2023.
newsfilecorp.com
- 1 year ago
SRAX Announces Sale of LD Micro to Freedom Holding Corp
Los Angeles, California--(Newsfile Corp. - March 6, 2023) - SRAX, Inc. (NASDAQ: SRAX), a leading financial technology company, has announced the successful sale of its wholly owned subsidiary LD Micro Inc. to Freedom Holding Corp (NASDAQ: FRHC) for $8,300,000. The sale of LD Micro, a conference that has historically attracted a high caliber of presenting companies and attendees, marks a strategic move for SRAX.
newsfilecorp.com
- 1 year ago
Freedom Holding Acquires LD Micro From SRAX, Inc.
ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom U.S. Markets, LLC, a wholly-owned subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), announced today that it has completed the acquisition of LD Micro from SRAX, Inc. (NASDAQ: SRAX). The total consideration of $8.3 million includes $4 million in cash and FRHC common stock valued at $4.3 million.
businesswire.com
- 1 year ago
Freedom Holding Acquires LD Micro From SRAX, Inc.
ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom U.S. Markets, LLC, a wholly-owned subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), announced today that it has completed the acquisition of LD Micro from SRAX, Inc. (NASDAQ: SRAX). The total consideration of $8.3 million includes $4 million in cash and FRHC common stock valued at $4.3 million. LD Micro offers two premier small-cap conferences annually, the Invitational: June 6-8 (Los Angeles) and the Main Event: October 3-5 (Los Angeles), which hosts over 200 companies and 1,000 investors. For the past 15 years, the LD Micro conferences have showcased the next big names in the small-cap world to investors and influencers. In addition, the LD Micro Index provides one of the most accurate representations of the intraday activity of micro-cap stocks in North America. "I've admired LD Micro since attending the Main Event in 2018, and I'm thrilled to add them to the Freedom family," said Timur Turlov, CEO of Freedom Holding Corp. "Chris Lahiji has created an unparalleled platform to showcase small and micro-cap companies across sectors and geographies," said Robert Wotczak, Chief Executive Officer of Freedom's U.S. operations. "I've known Chris since the beginning and have the utmost respect for him and the LD Micro brand. We see many synergies between LD Micro and the Freedom platform. We look forward to expanding our offering of bespoke and differentiated services to our clients, investors, and stakeholders." Chris Lahiji, Founder of LD Micro, commented, "With Freedom, LD takes the world's stage. Our team is ready to showcase what makes us truly special. I am grateful and elated that Mr. Turlov and Mr. Wotczak share our long-term vision and will help us become the standard in the space. We are in the first inning of a very long baseball game." SRAX will also serve as the exclusive streaming partner for LD events in the coming years and provide quality coverage for its global audience using the Sequire platform. Mitchell Silberberg & Knupp LLP served as legal advisor to SRAX. Ellenoff Grossman & Schole LLP and Morgan, Lewis & Bockius, LLC served as counsel for Freedom. About Freedom Holding Corp. Freedom Holding Corp., a Nevada corporation, is a financial services holding company conducting retail financial securities brokerage, investment research, investment counseling, securities trading, investment banking and underwriting services, mortgages, insurance, and consumer banking through its subsidiaries under the name of Freedom Finance in Europe and Central Asia. Through its subsidiaries, Freedom Holding Corp. employs more than 2,900 people and is a professional participant in the Kazakhstan Stock Exchange, the Astana International Exchange, the Ukrainian Exchange, the Republican Stock Exchange of Tashkent, and the Uzbek Republican Currency Exchange and is a member of the New York Stock Exchange and the Nasdaq Stock Exchange. Freedom Holding Corp. is headquartered in Almaty, Kazakhstan, and has a presence in 14 countries, including Cyprus, the United States, Uzbekistan, the United Kingdom, and Germany. Freedom Holding Corp's common shares are registered with the United States Securities and Exchange Commission and are traded in the United States on the Nasdaq Capital Market, operated by Nasdaq, Inc. To learn more about Freedom Holding Corp., visit www.freedomholdingcorp.com. About LD Micro LD Micro aims to be the most crucial resource in the micro-cap world. Whether it is the index, comprehensive data, or hosting the most significant events annually, LD's sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies. To learn more about LD Micro, visit http://www.ldmicro.com. About SRAX SRAX (NASDAQ: 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 on SRAX, visit srax.com and mysequire.com. Cautionary Note Regarding Forward-Looking Statements This release contains “forward-looking” statements. All forward-looking statements are subject to uncertainty and changes in circumstances. In some cases, forward-looking statements can be identified by terminology such as “expect,” “new,” “plan,” “seek,” and “will,” or the negative of such terms or other comparable terminology used in connection with any discussion of future plans, actions and events. Forward-looking statements are not guarantees of future results or performance and involve risks, assumptions and uncertainties that could cause actual events or results to differ materially from the events or results described in, or anticipated by, the forward-looking statements. Factors that could materially affect such forward-looking statements include certain economic, business, and regulatory risks and factors identified in Freedom Holding Corp.’s periodic and current reports filed with the U.S. Securities and Exchange Commission. All forward-looking statements are made only as of the date of this release and Freedom Holding Corp. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.
businesswire.com
- 1 year ago
8. Profile Summary
SRAX, Inc. SRAX
COUNTRY
US
INDUSTRY
Advertising Agencies
MARKET CAP
$ 1.75 M
Dividend Yield
0.00%
Description
SRAX, Inc., a technology company, focused on enhancing communications between public companies and their shareholders and investors in the United States. The company offers Sequire, a Saas platform that allows issuers to track their shareholders' behaviors and trends, then use data-driven insights to engage with shareholders across marketing channels. It also organizes and hosts investor conferences within the micro and small- cap space. The company markets and sells its services through its in-house sales and marketing team. The company was formerly known as Social Reality, Inc. and changed its name to SRAX, Inc. in August 2019. SRAX, Inc. was founded in 2009 and is headquartered in Westlake Village, California.
Contact
2629 Townsgate Road, Westlake Village, CA, 91361
https://srax.com
IPO Date
Dec. 3, 2012
Employees
122
Officers
Ms. Natalie Santos
Director of Marketing
Mr. Christopher Lahiji
President of LD Micro, Inc.
Ms. Selene Solis
Chief Technology Officer
Ms. Kathy Ireland
Chief Branding Advisor
Mr. Christopher Miglino
Chairman, Chief Executive Officer, Chief Financial Officer & President