Accelerize New Media Inc. (OTCBB: ACLZ), a software-as-a-service (SaaS) platform providing a comprehensive and complete online tracking solution for advertisers featuring easy-to-use wizards, real-time reporting, and a seamless integration API to work with popular third-party applications, recently reported its third quarter financial results.Highlights from the quarter include:- Revenues increased 225% to $1,570,948 year over year.2- Operating income increased to $207,040 from a loss last year.- R&D investment increased to continue building an industry-leading solution.- Average number of clients increased 102% year over year.- Average monthly fees per customer increased 106% year over year.- Net income swung to a net profit of $166,1323 vs. a year ago loss of $244,265.According to Forrester Research, a full 66% of all advertising budgets will be spent on performance-based marketing by 2013, compared to just 32% impression-based and 2% sponsorship. The company’s Cake Marketing platform seeks to capitalize on these trends by making performance-based marketing more measurable and trackable.New Clients & Recurring SaaS Revenues Drive ResultsAccelerize New Media has been consistently expanding its business over the past quarter with a number of new clients and partnerships. The average number of clients using the company’s Cake Marketing platform more than doubled over the past year, as its marketing efforts and platform improvements continue to drive new business.On June 25th, the company announced that LegalZoom.com – a leading provider of online legal documents – selected Cake Marketing’s advanced tracking and analytics platform to help power its affiliate program. And in August, the company enhanced its infrastructure by becoming a Rackspace (NYSE: RAX) Premiere Platinum level partner.Combined, these new clients and partnerships contributed to the 225% increase in year over year revenues to $1,570,948, during the third quarter.SaaS Business Model Enhances ProfitabilityIn addition to its triple-digit top-line growth, Accelerize New Media’s profitability has also been improving over the past year. Operating income jumped to $207,040 last quarter from a year ago loss, while its gross margins more than doubled quarter over quarter, from 6.2% to 13.2%, demonstrating the company’s scalability and profitability.These results were largely driven by a 106% increase in the average monthly fee per customers, as many of the firm’s larger existing customers began ramping up their transaction volume. These factors combined to produce positive net income of $166,132, compared to a net loss of $244,265 during the year ago period.3 Meanwhile, the firm reported $96,189 in positive 6-month operating cash flow, as revenue growth flowed down to the bottom line. For more information please see the following resources:http://accelerizenewmedia.com/ http://secfilings.com/SearchResults.aspx?ticker=ACLZFootnotes1. Data from Accelerize New Media’s 10-Q Filing Dated November 14, 2012 on SECFilings.com.2. Excludes the results of operation in connection with the sale of certain assets in September 2012 relating to Accelerize New Media’s online marketing services business as further described in its September 27, 2012 8-K filing: http://edgar.sec.gov/Archives/edgar/data/1352952/000143774912009802/aclz_8k-092712.htm. 3. Excludes the receipt of sale price in connection with the sale of certain assets in September 2012 relating to Accelerize New Media’s online marketing services business as further described in its September 27, 2012 8-K filing: http://edgar.sec.gov/Archives/edgar/data/1352952/000143774912009802/aclz_8k-092712.htm. Nothing on this article is either an offer to purchase, or a solicitation of an offer to sell, shares of Accelerize New Media, Inc. or any other entity. Nothing on this article is a solicitation of a proxy from a security holder of Accelerize New Media, Inc. or any other company. Emerging Growth LLC, the author of this article, has received consideration valued at $20,000 from Accelerize New Media, Inc. for services in connection with an online marketing campaign running between November 15 and November 30, 2012 that includes the information on this article. Such consideration shall reduce the outstanding principal balance of the services promissory note made payable from Emerging Growth LLC to Accelerize New Media, Inc. as further described in Accelerize New Media, Inc.’s current report on Form 8-K filed on September 27, 2012: http://edgar.sec.gov/Archives/edgar/data/1352952/000143774912009802/aclz_8k-092712.htm.
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