One other worthwhile quarter regardless of the non-election 12 months
VANCOUVER, WA / ACCESSWIRE / November 18, 2021 / Adaptive Advert Programs, Inc. (OTC PINK: AATV) launched the corporate’s quarterly report for the interval ended September 30, 2021. It’s the twenty sixth worthwhile quarter for the corporate prior to now seven years. Adaptive gives Dynamic Digital Advert Insertion (DDAI) by way of its streaming media {hardware} and proprietary processing software program for all US cable tv markets with a specific concentrate on underserved rural markets and Excessive Velocity Fastened Wi-fi Web Service (WISP) by way of its community of Hybrid Entry Factors and micro-POPs.
The corporate experiences that regardless of the continuing disruption to nationwide enterprise in virtually all industries because of the COVID-19 pandemic and the truth that the corporate usually sees decrease promoting revenues throughout non-election years, it has been in a position to proceed its contracted advert serving all through its rising Cable tv community. Thus, the corporate experiences that it has generated sufficient income to have one other worthwhile quarter.
Many of the tv promoting exercise within the US has been negatively impacted by the unprecedented influence of the pandemic and the usually decrease promoting income throughout that non-election 12 months of 2021. Accordingly, Adaptive income for the three months ended September 30, 2021 was beneath $ 1,402,101 income of $ 3,519,410 for a similar interval in 2020. Even so, Adaptive nonetheless posted internet revenue of $ 131,088 – generate $ 6,225,508 in liquidity, whereas belongings rose to $ 16,112,087. As well as, Adaptive income for the 9 months ended September 30 elevated $ 215,629, or roughly 43%, and income in three months elevated greater than 16 instances in comparison with 2019 with out elections.
CEO J. Michael Heil mentioned, “We continued to put in our proprietary digital advert programs, examined our new broadband applied sciences in beta markets, acquired a tv station in Reno, Nevada, and expanded our presence within the underserved rural areas of the USA.” We’ll proceed on this path of aggressive growth into goal markets for which our programs and applied sciences are designed, offering invaluable and inexpensive digital promoting and broadband companies to these markets – the inevitable vital funding in broadband know-how for all, particularly the underserved rural markets we’ve been in Years of service, we count on an rising demand for our companies and a extra balanced gross sales growth within the coming years demolish the mid-term elections in 2022 and, furthermore, already analysis and implement plans to make use of the brand new alternatives supplied by our technological developments and the historic authorities initiatives for enchancment the agricultural infrastructure have been created
The story goes on
ABOUT ADAPTIVE
Adaptive Advert Programs Inc. is a digital media and video communications firm. Along with its subsidiaries and manufacturing suppliers, the corporate gives Dynamic Digital Advert Insertion (DDAI) companies, and develops and implements streaming media {hardware} and proprietary processing software program for the cable tv, satellite tv for pc and IPTV markets. By means of its subsidiary Adaptive Broadband (ABB), the corporate gives houses and small places of work with Excessive Velocity Fastened Wi-fi Web Service (WISP) by way of a community of hybrid entry factors and micro-POPs. The corporate’s DDAI and WISP companies goal the customarily ignored cable tv and wi-fi LAN markets of the two. Making a “community” of interconnected cable tv programs. This enables advertisers to buy adverts on the nationwide Adaptive community, producing considerably extra advert impressions than conventional advert insertion applied sciences in particular person programs. Adaptive Advert Programs has an modern income sharing settlement with every cable tv system and manages all advertising-related actions. The corporate presently serves over 75 designated advertising and marketing areas in over 40 states. The corporate’s adaptive broadband community system gives companies. Additional info will be discovered at: www.aatv.co.
FORWARDING STATEMENTS
All statements on this press launch that aren’t historic info are forward-looking statements. Ahead-looking statements might embody, however usually are not restricted to, monetary projections, statements about administration’s plans and objectives for present and future operations, growth, regulatory approvals, and commercialization of the Firm’s merchandise or any of the Firm’s proposed companies, programs, companies, licensing agreements, joint ventures, Partnerships or acquisitions. Such forward-looking statements usually are not supposed to foretell or assure precise outcomes or efficiency, which may differ materially. Components that might trigger precise outcomes to vary materially from these projected may embody delays within the growth of its services, the shortcoming to acquire funding, the consequences of fabric new or altering authorities Trade laws, present or elevated competitors, arbitration or litigation outcomes, inventory volatility and illiquidity, and potential normal failure to successfully execute the corporate’s enterprise plans or methods. The corporate assumes no obligation to replace any forward-looking statements to replicate modifications in occasions or circumstances that will happen after the date of this publication.
Adaptive Advert Programs, Inc.
4400 NE 77th Avenue Suite 275
Vancouver, Washington 98662
310-321-4958
information@aatv.co
www.aatv.co
StockWatchIndex
San Diego, California
442-287-8059
information@stockwatchindex.com
www.stockwatchindex.com
www.swiresearch.com
SOURCE: Adaptive Advert Programs, Inc.
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https://www.accesswire.com/673715/Adaptive-Advert-Programs-Offers-Monetary-Outcomes-for-Q3-2021
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