Aiadvertising Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 03:22 pm
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Aiadvertising Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1.996 million compared to USD 2.320 million a year ago. Operating income was USD 4.058 million compared to operating loss of USD 128,650 a year ago. Net income was USD 3.588 million compared to net loss of USD 422,385 a year ago. For the half year, total revenue was USD 3.547 million compared to USD 5.352 million a year ago. Operating loss was USD 3.225 million compared to USD 495,940 a year ago. Net loss was USD 6.917 million compared to USD 551,205 a year ago. Basic loss per share from continuing operations was USD 0.01.
AiAdvertising, Inc. is an advertising technology (AdTech) company. The Company is focused on harnessing the power of artificial intelligence (AI) and machine learning (ML) to eliminate waste and maximize return on digital ad spend. The Company provides online marketing services, which it purchases from third parties. The Company offers a solution which enables marketers to automate data-driven, repetitive tasks and improves their ability to make predictions at scale. The Company also offers professional services, such as development services. Its product includes the Campaign Performance Platform, which is a cloud-hosted end-to-end Ad Management solution. The platform empowers brands to target, predict, create, scale, and measure hyper-personalized campaigns. The Company's software platform harnesses the power of machine learning and artificial intelligence (AI) to eliminate guesswork, predict what works, and prove advertising's impact on financial results.
AIADVERTISING, INC. 
