SRAX Inc.’s (NASDAQ: SRAX) Sequire Provides Publ
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- Investor uncertainty rising as volatility continues to negatively affect stock market
- SRAX’s Sequire investor analytics platform provides actionable insights into investor behaviors for public companies
- Sequire has grown to 3 million+ active users across 90 public companies since 2019
- Q3 2020 performance includes $6.7 million in bookings, 37% increase in subscriptions, 161% year-over-year and 124% quarter-over-quarter revenue growth
Despite record levels of unemployment, threats of extreme inflation and runaway government spending, the stock market appears to have decoupled from the greater economy with record highs amid unprecedented levels of volatility (https://nnw.fm/aFLd5). As uncertainty among investors continues to grow, many public companies are choosing clarity over confusion through the use of Sequire, SRAX Inc.’s (NASDAQ: SRAX) SaaS platform that helps its users unlock the power of investor data so they can activate marketing campaigns that engage both current and prospective investors.
There’s never been a greater need for actionable, reliable investor data than in recent weeks. Market volatility has reached unparalleled levels, credited mostly to irrational trading, investor reactions to new government policies, derivatives speculation and anticipated earnings reports. “There’s a lot of news to digest for investors,” said J.J. Kinahan, chief market strategist at TD Ameritrade. “We’ve had such an incredible run, and 20% of the S&P 500 are releasing earnings this week.”
Sequire is the answer for many public companies looking to harness the power of big data for reliable analytics derived from the platform’s 3 million+ active users, a group which includes investors and traders from over 90 public companies (https://nnw.fm/Wqcef). The platform’s unique set of tools help users obtain insights through investor intelligence and outreach, warrant tracking, survey creation, event promotion and roadshows.
“The platform is an absolute game-changer for public companies and their shareholders,” said LD Micro founder Chris Lahiji in statements about the recent acquisition of the company by SRAX. “Both companies believe that one day executives will rely on Sequire the same way investors rely on Bloomberg.”
Sequire’s sales performance in 2020 was outstanding with over $6.7 million in bookings in Q3, its first positive quarter EBITDA. Along with a 37% increase in subscriptions, the platform experienced impressive 161% year-over-year and 124% quarter-over-quarter revenue growth.
“Sequire is changing the way public issuers interact with and engage their investors, and it shows,” said SRAX CEO and Founder Christopher Miglino (https://nnw.fm/I3PrV). “We are pleased to report our first quarter of positive EBITDA from our Sequire segment.”
Besides Sequire, SRAX is also focused on building the largest and most reliable opted-in data sets across a broad range of industry verticals. The Company is dedicated to providing brands and companies across the CPG, luxury, and lifestyle spaces with high-quality data that provides key, actionable insights integral to strategic marketing campaigns.
SRAX is a financial technology company that helps public companies unlock the power of data through Sequire, its premier investor intelligence and communications platform. Sequire helps companies track investor behaviors and identify trends for use in campaigns to engage current and potential investors across multiple marketing channels.
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://nnw.fm/SRAX
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