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Verb Technology (VERB) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-06-05 17:01
Core Viewpoint - Verb Technology Company, Inc. (VERB) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors rely on earnings estimates to determine the fair value of stocks, leading to significant buying or selling activity that affects stock prices [3]. Company Performance Indicators - Verb Technology's rising earnings estimates and the Zacks rating upgrade suggest an improvement in the company's underlying business, which is expected to drive the stock price higher [4]. - For the fiscal year ending December 2025, Verb Technology is projected to earn -$8.03 per share, reflecting a 58.8% change from the previous year [7]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - Verb Technology's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].
Verb(VERB) - 2025 Q1 - Earnings Call Transcript
2025-05-13 18:02
Financial Data and Key Metrics Changes - In Q1 2025, the company reported revenue of $1,300,000, representing an 80% increase over the previous quarter and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [7][8] - The company has a strong cash position with zero debt and has added $5,000,000 back onto the balance sheet through a non-dilutive financing deal [9] Business Line Data and Key Metrics Changes - The company has signed many high-profile clients for its Market.Live platform, although specific names cannot be disclosed due to contractual agreements [10] - The telehealth platforms, Vanity Prescribe and GoodGoRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [12] Market Data and Key Metrics Changes - The company is seeing strong growth in shoppable ads and other areas within its Market.Live and Livecom business units [12] - The crowdfunding TV show, GoFund Yourself, is gaining popularity, leading to increased demand from issuers who wish to participate [12] Company Strategy and Development Direction - The company is focused on integrating AI technology into its platform and has successfully negotiated an acquisition deal valued at $8,500,000 [8] - The management team is optimistic about future growth, expecting Q2 results to surpass those of Q1 [14] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the company's trajectory, highlighting a robust balance sheet and the ability to fund operations into 2028 and beyond [9] - The CEO emphasized the company's strong market position and the potential for significant growth, particularly in the AI social commerce sector [8] Other Important Information - The company has maintained a clean capital structure with no warrant overhang, positioning itself favorably compared to competitors facing financing challenges [9] - The management team has shown resilience and commitment through various challenges, contributing to the company's current success [5] Q&A Session Summary Question: Why aren't high-profile clients being announced? - The company cannot disclose client names due to white-labeling agreements that prohibit such announcements [10] Question: Why are there fewer livestreams on Market.Live? - The new technology allows streaming directly from clients' websites, which is more efficient and beneficial for client relationships [11]
Verb(VERB) - 2025 Q1 - Earnings Call Transcript
2025-05-13 18:00
Financial Data and Key Metrics Changes - In Q1 2025, the company reported revenue of $1,300,000, representing an 80% increase over the previous quarter and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [7][8] - The company maintains a strong financial position with zero debt and a robust cash balance, having added $5,000,000 back onto the balance sheet through a non-dilutive funding opportunity [9][10] Business Line Data and Key Metrics Changes - The company has signed many high-profile clients for its Market.Live platform, although specific names cannot be disclosed due to contractual agreements [11] - The new technology allows streaming directly from clients' websites and multicasting across social media, enhancing client relationships and driving growth in shoppable ads [12][13] Market Data and Key Metrics Changes - The telehealth platforms, Vanity Prescribe and GoodGoRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [13] - The crowdfunding TV show, GoFund Yourself, is gaining popularity, leading to increased demand from issuers and a more selective process for participation [13] Company Strategy and Development Direction - The company is focused on integrating AI technology into its platform and has successfully negotiated an acquisition deal valued at $8,500,000 [8] - The management team expresses confidence in the company's trajectory, emphasizing a clean capital structure and the ability to fund operations into 2028 and beyond [10] Management's Comments on Operating Environment and Future Outlook - Management is optimistic about Q2 results, expecting them to surpass Q1 performance [15] - The CEO highlighted the company's resilience and the strong performance of each business division, indicating a positive outlook for future growth [5][6] Other Important Information - The company has a strong cash position and is not in a desperate search for capital, which is a significant advantage in the current market environment [10] - The management team has expressed gratitude for the support of the board and the commitment of the team during challenging times [5][6] Q&A Session Summary - No specific questions or answers were documented in the provided content, as the call concluded without a Q&A segment [16]
VERB Publishes Management's Prepared Remarks From Its First Quarter 2025 Earnings Call
GlobeNewswire News Room· 2025-05-13 17:20
Core Viewpoint - Verb Technology Company, Inc. reported strong financial results for Q1 2025, showcasing significant revenue growth and successful acquisitions, while maintaining a robust cash position and zero debt [5][8][10]. Financial Performance - The company reported revenue of $1.3 million for Q1 2025, representing an 80% increase over Q4 2024 and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [8]. - The company has a clean balance sheet with zero debt and a strong cash position, allowing it to fund operations easily into 2028 and beyond [10][12]. Business Developments - Verb Technology completed an $8.5 million cash and stock acquisition of an AI social commerce technology company, integrating its technology into Verb's platform [9]. - The company signed numerous high-profile clients for its MARKET.live platform, which is now white-labeling its services for various brands [13]. Product and Service Growth - The telehealth platforms, VanityPrescribed and GoodGirlRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [15]. - The "Go Fund Yourself" crowdfunding TV show is gaining popularity, leading to increased demand from issuers and the production of multiple episodes each month [15]. Technology and Innovation - MARKET.live has enhanced its technology to allow streaming directly from clients' websites, enabling brands to maintain customer relationships while broadcasting across social media [14]. - The company leverages advanced AI capabilities for user-generated content creation and automated video content repurposing, optimizing merchandising strategies and increasing conversion rates [20].
Verb Technology Company, Inc. (VERB) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-13 14:35
Company Performance - Verb Technology Company, Inc. reported a quarterly loss of $2.51 per share, which was better than the Zacks Consensus Estimate of a loss of $3.14, and a significant improvement from a loss of $22 per share a year ago, indicating an earnings surprise of 20.06% [1] - The company posted revenues of $1.31 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 63.13%, compared to revenues of $0.01 million in the same quarter last year [2] - Over the last four quarters, Verb Technology has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Outlook - Verb Technology shares have declined approximately 11.2% since the beginning of the year, while the S&P 500 has only declined by 0.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$2.97 on revenues of $0.9 million, and for the current fiscal year, it is -$11.25 on revenues of $3.4 million [7] - The estimate revisions trend for Verb Technology is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Verb Technology belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]
VERB Beats All Analysts Q1 2025 Financial Performance Estimates
GlobeNewswire News Room· 2025-05-13 12:30
Core Insights - Verb Technology Company, Inc. reported an impressive revenue growth of 80% quarter-over-quarter and an extraordinary increase of 18,543% year-over-year for Q1 2025, with total revenue reaching $1.305 million, surpassing the entire annual revenue of 2024 [1][5][14] - The company successfully closed an acquisition of AI social commerce technology platform Lyvecom for $8.5 million and added $5 million in cash to its balance sheet through a non-dilutive, non-convertible preferred stock deal [1][5][25] - Verb Technology maintains a strong cash position with zero debt, expected to fund operations into 2028 and beyond, indicating robust financial health [1][5][21] Financial Performance - For the three months ended March 31, 2025, revenue was $1,305 thousand, a significant increase of $1,298 thousand compared to $7 thousand in the same period of 2024, marking a growth of 18,543% [4][7] - The operating loss from continuing operations improved to $(2,659) thousand, a reduction of $558 thousand or 17% compared to the prior year [5][18] - General and administrative expenses increased slightly by $368 thousand, representing a 12% rise over the previous year, indicating that revenue growth is driving performance rather than cost-cutting measures [5][10] Acquisition and Strategic Moves - The acquisition of Lyvecom is valued at $8.5 million, enhancing Verb's capabilities in the social commerce space [1][5][25] - The company has replenished cash reserves through a strategic financing move, ensuring liquidity for future operations and growth initiatives [1][5][21] Cash and Debt Position - As of March 31, 2025, Verb Technology reported cash and investments totaling $12.236 million, down from $13.408 million a year earlier, but still indicating a solid liquidity position [21] - The company has retired all remaining debt, reinforcing its zero-debt status and financial stability [1][5]
Verb(VERB) - 2025 Q1 - Quarterly Report
2025-05-13 12:20
[PART I - FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) [ITEM 1 - FINANCIAL STATEMENTS (UNAUDITED)](index=4&type=section&id=ITEM%201%20-%20FINANCIAL%20STATEMENTS%20%28UNAUDITED%29) This section presents the unaudited condensed consolidated financial statements for Q1 2025, highlighting significant revenue growth, reduced net loss, and details on business units, accounting policies, and subsequent events [Condensed Consolidated Financial Statements](index=7&type=section&id=Condensed%20Consolidated%20Financial%20Statements) The company's Q1 2025 revenue surged to **$1,305 thousand**, net loss improved to **$(2,438) thousand**, and total assets stood at **$18,368 thousand** as of March 31, 2025 Condensed Consolidated Statements of Operations (in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | **Revenue** | **$1,305** | **$7** | | Total costs and expenses | $3,964 | $3,224 | | Operating loss | $(2,659) | $(3,217) | | **Net loss** | **$(2,438)** | **$(3,445)** | | Net loss attributable to Verb | $(2,564) | $(3,445) | | **Loss per share – basic and diluted** | **$(2.51)** | **$(22.60)** | Condensed Consolidated Balance Sheet Highlights (in thousands) | | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash | $6,275 | $7,617 | | Total current assets | $14,251 | $16,468 | | **Total assets** | **$18,368** | **$20,635** | | Total current liabilities | $3,644 | $4,294 | | **Total liabilities** | **$3,827** | **$4,614** | | **Total stockholders' equity** | **$14,541** | **$16,021** | Condensed Consolidated Statements of Cash Flows (in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | $(1,070) | $(2,209) | | Net cash used in investing activities | $(152) | $(41) | | Net cash provided by (used in) financing activities | $(118) | $12,079 | | **Net change in cash and restricted cash** | **$(1,340)** | **$9,829** | [Notes to Condensed Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) The notes detail the company's three revenue-generating business units, segment performance for Q1 2025, and significant subsequent events including the acquisition of Lyvecom and a **$5 million** equity financing - The company's business is comprised of three units: MARKET.live (social commerce), GO FUND YOURSELF! (interactive crowdfunding platform), and Vanity Prescribed (telehealth initiative)[29](index=29&type=chunk)[33](index=33&type=chunk)[35](index=35&type=chunk) Segment Performance for Q1 2025 (in thousands) | Reportable Segments | Revenues | Operating income (loss) | | :--- | :--- | :--- | | MARKET.live | $561 | $(619) | | Go Fund Yourself | $744 | $303 | | Corporate | $- | $(2,343) | | **Consolidated** | **$1,305** | **$(2,659)** | - On April 11, 2025, the company acquired Lyvecom, an AI-driven video commerce platform, with the purchase price including **$3 million** in cash, repayment of **$1.125 million** in S.A.F.E. instruments, payment of a **$100 thousand** loan, and issuance of 184,812 restricted shares valued at **$1 million**[32](index=32&type=chunk)[131](index=131&type=chunk) - Subsequent to the quarter end, on April 22, 2025, the company raised **$5 million** in cash by selling 5,000 shares of Series D Non-Convertible Preferred Stock to an investor[132](index=132&type=chunk)[133](index=133&type=chunk)[134](index=134&type=chunk) [ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](index=33&type=section&id=ITEM%202%20-%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management discusses the company's financial performance, highlighting a significant strategic shift, resulting revenue growth, improved non-GAAP Modified EBITDA, and strengthened liquidity post-quarter-end through acquisition and equity financing [Results of Operations](index=38&type=section&id=Results%20of%20Operations) Revenue for Q1 2025 dramatically increased to **$1,305 thousand**, driven by new business units, while operating loss narrowed and Modified EBITDA showed significant improvement Comparison of Q1 2025 vs. Q1 2024 (in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | Change | | :--- | :--- | :--- | :--- | | **Revenue** | **$1,305** | **$7** | **$1,298** | | Operating loss | $(2,659) | $(3,217) | $558 | | Net loss | $(2,438) | $(3,445) | $1,007 | Comparison of Q1 2025 vs. Q4 2024 (in thousands) | | March 31, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | **Revenue** | **$1,305** | **$723** | **$582** | | Operating loss | $(2,659) | $(3,710) | $1,051 | | Net loss | $(2,438) | $(3,369) | $931 | Modified EBITDA Reconciliation (Non-GAAP, in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | Net loss | $(2,438) | $(3,445) | | Total EBITDA adjustments | $1,400 | $946 | | **Modified EBITDA** | **$(1,038)** | **$(2,499)** | [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2025, the company held **$12,236 thousand** in cash and liquid investments, with improved operating cash flow and a **$5 million** equity financing post-quarter-end enhancing liquidity Liquidity Position (in thousands) | | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash | $6,275 | $7,617 | | Restricted Cash | $880 | $878 | | Investments (Govt. & Corp.) | $5,081 | $4,913 | | **Total** | **$12,236** | **$13,408** | - Net cash used in operating activities decreased to **$(1,070) thousand** for the three months ended March 31, 2025, compared to **$(2,209) thousand** for the same period in 2024[174](index=174&type=chunk)[176](index=176&type=chunk) - Subsequent to the quarter, the company secured **$5,000 thousand** in a private placement of Series D Preferred Stock, enhancing its capital resources[157](index=157&type=chunk) [ITEM 3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](index=47&type=section&id=ITEM%203%20-%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) As a smaller reporting company, Verb Technology is not required to provide quantitative and qualitative disclosures about market risk - As a smaller reporting company, Verb Technology is not required to provide quantitative and qualitative disclosures about market risk[205](index=205&type=chunk) [ITEM 4 - CONTROLS AND PROCEDURES](index=47&type=section&id=ITEM%204%20-%20CONTROLS%20AND%20PROCEDURES) Management concluded that the company's disclosure controls and procedures were effective as of March 31, 2025, with no material changes in internal control over financial reporting during the quarter - Management, including the principal executive and financial officers, concluded that the company's disclosure controls and procedures were effective as of March 31, 2025[207](index=207&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[208](index=208&type=chunk) [PART II - OTHER INFORMATION](index=48&type=section&id=PART%20II%20-%20OTHER%20INFORMATION) [ITEM 1 - LEGAL PROCEEDINGS](index=48&type=section&id=ITEM%201%20-%20LEGAL%20PROCEEDINGS) The company is appealing a **$584 thousand** judgment related to a breach of contract claim from a former employee of a predecessor company, with the judgment amount bonded - The company is appealing a judgment of **$584 thousand** related to a breach of contract claim from a former employee of a predecessor company dating back to 2015[121](index=121&type=chunk)[212](index=212&type=chunk) [ITEM 1A - RISK FACTORS](index=48&type=section&id=ITEM%201A%20-%20RISK%20FACTORS) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2024 - There have been no material changes in the risk factors from those identified in the 2024 Form 10-K filed on March 25, 2025[213](index=213&type=chunk) [ITEM 2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](index=48&type=section&id=ITEM%202%20-%20UNREGISTERED%20SALES%20OF%20EQUITY%20SECURITIES%20AND%20USE%20OF%20PROCEEDS) The company reported no unregistered sales of equity securities or use of proceeds during the reporting period - None[214](index=214&type=chunk) [ITEM 5 - OTHER INFORMATION](index=48&type=section&id=ITEM%205%20-%20OTHER%20INFORMATION) No director or officer of the company adopted or terminated a Rule 10b5-1 trading arrangement during the three months ended March 31, 2025 - No director or officer of the Company adopted or terminated a Rule 10b5-1 trading arrangement during the three months ended March 31, 2025[217](index=217&type=chunk) [ITEM 6 - EXHIBITS](index=48&type=section&id=ITEM%206%20-%20EXHIBITS) This section provides an index of all exhibits filed with the Form 10-Q, including the Certificate of Designation for Series D Preferred Stock, the Lyvecom acquisition agreement, and the recent equity financing agreement - Exhibits filed include the Certificate of Designation of Series D Preferred Stock, the Stock Purchase Agreement for Lyvecom, Inc., and the Securities Purchase Agreement with Streeterville Capital, LLC[221](index=221&type=chunk)
VERB to Host First Quarter 2025 Earnings Call on Tuesday, May 13, 2025, at 1:00 p.m. ET
Globenewswire· 2025-05-09 17:16
Core Viewpoint - Verb Technology Company, Inc. is set to discuss its financial results for Q1 2025 on May 13, 2025, highlighting its innovative approach in social commerce, telehealth, and crowdfunding [1][2]. Company Overview - Verb Technology Company operates several business units focused on transforming social commerce, telehealth, and crowdfunding through platforms like MARKET.live, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show [1][3]. - The company leverages advanced AI technology to enhance user engagement and optimize content creation for brands, aiming to provide a seamless omnichannel shopping experience [3]. Upcoming Events - A conference call will be hosted by CEO Rory J. Cutaia on May 13, 2025, at 1:00 p.m. Eastern time to discuss the financial results, with a press release to be issued beforehand [1][2]. - A telephonic replay of the conference call will be available from May 13, 2025, at 5:00 p.m. Eastern time until May 27, 2025, at 11:59 p.m. Eastern time [2][3]. Product and Service Innovations - MARKET.live is a multi-vendor, livestream social shopping platform that integrates AI capabilities for real-time content creation and audience engagement [3]. - The GO FUND YOURSELF platform combines an interactive TV show with crowdfunding capabilities, allowing viewers to invest in real-time as they watch presentations [3]. - VANITYPrescribed and GoodGirlRx are telehealth portals designed to provide affordable healthcare solutions without hidden fees, aiming to disrupt traditional healthcare models [3].
VERB CEO Rory J. Cutaia Interview Live from the Floor of the NY Stock Exchange on Cheddar TV's Power Players
GlobeNewswire News Room· 2025-05-07 13:00
Core Insights - Verb Technology Company, Inc. is transforming social commerce, telehealth, and crowdfunding through innovative platforms and technologies [1][4] - CEO Rory J. Cutaia will discuss the company's growth strategies and the new crowdfunding TV show "GO FUND YOURSELF" on Cheddar TV [2][3] Company Overview - Verb Technology Company operates multiple business units leveraging social commerce technology and video marketing expertise, including MARKET.live, LyveCom, VANITYPrescribed, and GoodGirlRx [4] - The company is headquartered in Las Vegas, NV, with production and creator studios in Los Angeles, CA [8] Product and Service Innovations - MARKET.live is a multi-vendor, livestream social shopping platform that enhances the shopping experience through AI capabilities, enabling real-time user-generated content and automated video ads [5] - The "GO FUND YOURSELF" TV show combines interactive crowdfunding with real-time investment opportunities, allowing viewers to engage directly with presenting companies [6] - VANITYPrescribed and GoodGirlRx are telehealth portals designed to provide affordable healthcare solutions without hidden fees, disrupting traditional healthcare pricing models [7] Recent Developments - The recent acquisition of LyveCom, an AI technology innovator in social commerce, is part of Verb's ambitious growth plans [2]
Verb Technology Company, Inc. (VERB) May Report Negative Earnings: Know the Trend Ahead of Q1 Release
ZACKS· 2025-05-02 15:06
Company Overview - Verb Technology Company, Inc. (VERB) is expected to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025, with a consensus outlook indicating a quarterly loss of $3.14 per share, representing an 85.7% change from the previous year [1][3] - Revenues are anticipated to reach $0.8 million, reflecting a significant increase of 7900% compared to the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 21.72% lower over the last 30 days, indicating a reassessment by analysts of their initial estimates [4] - The Most Accurate Estimate for Verb Technology aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from consensus estimates, but its predictive power is significant primarily for positive readings [7][8] - Verb Technology's current Zacks Rank is 5 (Strong Sell), complicating the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Verb Technology was expected to post a loss of $2.52 per share but delivered a loss of $2.20, resulting in a surprise of +12.70% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Context - Ziff Davis, another company in the Zacks Internet - Software industry, is expected to report earnings of $1.10 per share for the same quarter, indicating a year-over-year change of -13.4% [17] - Ziff Davis's revenues are projected to be $323.51 million, up 2.9% from the previous year, with a consensus EPS estimate revised 12.1% lower over the last 30 days [18]