Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Greece Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering.The social commerce market in Greece is expected to grow by 11.9% on annual basis to reach US$2.94 billion in 2025. The social commerce market in Greece experienced robust growth dur ...

Core Viewpoint - VS Media Holdings Limited has successfully closed a public offering of 4,774,235 ordinary shares at a price of $0.229 per share, generating additional gross proceeds of $1,093,300, which supplements a previous offering announced on May 30, 2025 [1] Group 1: Offering Details - The total gross proceeds from the two closings of the offering amounted to $9,176,100, with net proceeds of $8,401,749 after deducting placement agent fees and other expenses of $774,351 [2] - The total number of issued ordinary shares has increased to 40,070,298, all priced at $0.229 per share [1] Group 2: Regulatory Information - The securities were offered under a registration statement on Form F-1, which was declared effective by the SEC on May 6, 2025, and the offering was made only by means of a prospectus [3] Group 3: Company Overview - VS Media Holdings Limited, founded in 2013, operates a network of over 1,500 digital creators and partners with more than 1,000 brands across Asia Pacific, focusing on content-driven social commerce and effective marketing services [5]

Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Chile Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering.The social commerce market in Chile is expected to grow by 16.1% on annual basis to reach US$1.02 billion in 2025.The social commerce market in the country experienced robust growth du ...

Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "South Korea Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering.The social commerce market in South Korea is expected to grow by 16.8% on annual basis to reach US$24.72 billion in 2025. The social commerce market in the country experienced ro ...

Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Mexico Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering.The social commerce market in Mexico is expected to grow by 20.8% on annual basis to reach US$5.09 billion in 2025. The social commerce market in the country experienced robust growth ...

Verb Technology (VERB) Q1 2025 Earnings Call May 13, 2025 01:00 PM ET Company Participants Rory Cutaia - Founder, Chairman, President & CEO Operator Good afternoon, and welcome to the First Quarter twenty twenty five Financial Results Conference Call for Verb Technology Company Incorporated. At this time, all participants are in a listen only mode. Please be advised the call is being recorded at the company's request. On our call today is Rory J. Cutayo, Verb's Founder, Chairman and CEO. Before we begin, I' ...

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]

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].

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]

Dublin, May 12, 2025 (GLOBE NEWSWIRE) -- The "Singapore Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" has been added to ResearchAndMarkets.com's offering. The social commerce market in Singapore is set for substantial growth, with a projected increase of 26.8% annually, reaching approximately USD 3.17 billion in 2025. Between 2021 and 2024 ...