On November 18, 2024, Collective Audience, Inc., a Delaware-based company, announced preliminary financial results for the third quarter ended September 30, 2024, through a press release. The company expects to report a record pro forma revenue of approximately $1.8 million for Q3 2024, a 65% increase from the previous quarter, and an 88% improvement in adjusted EBITDA with a loss of around $92,000. These results align with the company's prior outlook of $7.5 million in revenue and positive adjusted EBITDA for the full year. The growth is attributed to the acquisitions of DSL Digital and BeOp, which have contributed to the company's post-acquisition acceleration. Collective Audience also highlighted major new client campaign bookings worth over $2.2 million for Q4 and anticipates continued revenue and adjusted EBITDA growth. CEO Peter...Show More

On November 18, 2024, Collective Audience, Inc., a Delaware-based company, announced preliminary financial results for the third quarter ended September 30, 2024, through a press release. The company expects to report a record pro forma revenue of approximately $1.8 million for Q3 2024, a 65% increase from the previous quarter, and an 88% improvement in adjusted EBITDA with a loss of around $92,000. These results align with the company's prior outlook of $7.5 million in revenue and positive adjusted EBITDA for the full year. The growth is attributed to the acquisitions of DSL Digital and BeOp, which have contributed to the company's post-acquisition acceleration. Collective Audience also highlighted major new client campaign bookings worth over $2.2 million for Q4 and anticipates continued revenue and adjusted EBITDA growth. CEO Peter Bordes expressed optimism about the company's growth trajectory and the benefits from industry changes and new regulatory environments. The company is also preparing to launch new products and anticipates over 80% revenue growth in 2025, not including potential acquisitions. The official audited results for the full year of 2024 will be reported after the completion of the integration of BeOp, and the company plans to file its Form 10-Q within the extension period allowed.