Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1352952/000143774917019344/aclz20170930_10q.htm
September 2019
September 2019
June 2019
May 2019
February 2019
January 2019
December 2018
September 2018
August 2018
June 2018
Exhibit 99.1
Accelerize Inc. Reports Financial Results for the Second Quarter of 2017
● |
Software licensing revenue in Q2 2017 rose 6.1% to $4.9 million |
● |
Company increased R&D and marketing expenses in preparation for the launch of its new enterprise software in Q3 2017 |
● |
Completed a $15 million three-year hosting service extension in July 2017 to support anticipated growth from its enterprise software launch |
NEWPORT BEACH, Calif. – August 9, 2017 – Accelerize Inc. (OTCQB: ACLZ), a leader in marketing technology solutions, today announced financial results for its second quarter which ended June 30, 2017.
Accelerize Inc. owns and operates CAKE, a technology provider of customer journey analytics solutions that measurably improve marketing campaign performance and return on advertising spend. CAKE’s powerful software-as-a-service (SaaS) enterprise platform provides unparalleled insight into every step in the customer journey and sophisticated tools that enable advertisers, publishers, agencies and affiliate networks to maximize the effectiveness of their marketing efforts across the digital spectrum.
Business Highlights for Q2 2017
● |
Continued Growth of Monthly Recurring License Fees, Average Revenue per Customer and Total Number of Customers: Q2 2017 software license fee revenues increased 6.1% year-over-year to $4.9MM and comprised 82% of total revenue compared to 77% in Q2 2016. Total number of customers increased by 5% with average license revenue per customer increasing by 1% year-over-year through broader usage of the Company’s SaaS platform. Revenue remained broad-based with no single customer representing more than 5% of total revenue. |
● |
Increased Investment in Technology for Cloud-based Enterprise Software Platform: During Q2 2017 the Company completed the development of its new enterprise software platform scheduled to be launched in Q3 2017. The Company expects this new enterprise product launch to significantly broaden the size and scope of its recurring-revenue opportunities, especially with large advertisers, publishers and brands. |
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1352952/000143774917019344/aclz20170930_10q.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Accelerize Inc..
Accelerize Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Accelerize Inc. provided additional information to their SEC Filing as exhibits
Ticker: ACLZ
CIK: 1352952
Form Type: 10-Q Quarterly Report
Accession Number: 0001437749-17-019344
Submitted to the SEC: Tue Nov 14 2017 4:04:03 PM EST
Accepted by the SEC: Tue Nov 14 2017
Period: Saturday, September 30, 2017
Industry: Business Services