VANCOUVER, WA / ACCESSWIRE / August 16, 2021 / Adaptive Advert Techniques, Inc. (OTC PINK: AATV), an organization that gives Dynamic Digital Advert Insertion (DDAI) by means of its streaming media {hardware} and proprietary processing software program to the US cable tv and satellite tv for pc markets, in the present day introduced extra gross sales – and web revenue improve for the second quarter of 2021.
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J. Michael Heil, CEO of Adaptive Advert Techniques, stated: “We’re happy to announce that we have been capable of improve gross sales and income within the second quarter of 2021 by persevering with to broaden our community and including new ones was the most important yr by way of gross sales and profitability within the firm’s historical past, the corporate is on observe for its stable gross sales steering for the rest of 2021, with even greater expectations for 2022. “
Gross sales elevated
Revenues have been $ 1,193,457 for the second quarter of 2021, in comparison with $ 1,179,608 for a similar interval in 2020. This improved efficiency resulted from the continued enlargement of our community, the addition of adaptive programs throughout america and the latest enlargement into new enterprise areas.
Web revenue elevated
Web revenue (earlier than tax) elevated from $ 161,474 within the second quarter of 2020 to $ 283,657 within the second quarter of 2021, a rise of $ 122,183, or about 75%. This improve relies on the fixed efforts of the administration to extend gross sales by means of steady community enlargement, the addition of recent subscribers, new applied sciences and enterprise areas whereas on the similar time holding overhead low.
Mr. Heil provides: “As beforehand introduced, we just lately accomplished the development of our IPTV head-end facility in Arizona, making a broad expertise heart for the corporate’s {hardware} and software program. This enchancment has allowed us to extend the variety of installations of our proprietary {hardware} and software program programs throughout the nation. The expanded community presents our contract prospects bigger promoting campaigns that they’d usually not have entry to, leading to a gentle enchancment in our monetary efficiency whereas on the similar time delivering a stable ROI for our shareholders. “
The story goes on
THE ADAPTIVE SYSTEM
Adaptive permits advertisers in america to buy adverts that can be inserted right into a linked set of the adaptive digital TV promoting system. Adaptive Advert Techniques manages all advertising-related actions, gives all technical assist, advert gross sales, visitors and billing. Adaptive has an modern income sharing settlement with each cable tv system.
ABOUT ADAPTIVE
Adaptive Advert Techniques Inc. is a digital media and video communications firm that, with its subsidiaries, develops and provides dynamic digital advert insertion (DDAI) and video streaming media {hardware} and proprietary processing software program for the cable tv, satellite tv for pc tv and IPTV markets. The corporate additionally presents high-speed wi-fi Web service (WISP) over a community of hybrid entry factors and micro-POPs. Adaptive’s major focus is on the underserved US markets. Adaptive completely sells all out there promoting house in every market throughout a number of nationwide cable tv networks whereas retaining full expertise possession. Adaptive has carried out a compelling profit-sharing mannequin with its cable tv companions. The corporate serves over 200 designated advertising and marketing areas in roughly 39 states. Adaptive additionally gives broadband and cable tv providers in some area of interest markets. Adaptive pioneered cable tv commercials and serves unbiased cable tv programs. The corporate’s proprietary {hardware} and software program units the usual that different corporations within the promoting trade should meet. Extra info is on the market at www.adaptiveadsystems.com.
FORWARDING STATEMENTS
All statements on this press launch that aren’t historic details are forward-looking statements. Ahead-looking statements might embody, however usually are not restricted to, monetary projections, statements about administration’s plans and targets for present and future operations, growth, regulatory approvals, and commercialization of the Firm’s merchandise or any of the Firm’s proposed providers, programs, partnerships, or acquisitions. Such forward-looking statements usually are not meant to foretell or assure precise outcomes and efficiency and precise occasions or outcomes may differ materially. Components that might trigger precise outcomes to vary materially from these projected embody the Firm’s delays in growing its merchandise, incapacity to acquire extra funding, the consequences of fabric new or altering authorities laws the trade, present or elevated competitors, arbitration and litigation outcomes, inventory volatility and illiquidity, and the corporate’s common failure to implement the corporate’s enterprise plans or methods. The corporate assumes no obligation to replace any forward-looking statements to replicate adjustments in occasions or circumstances which will happen after the date of this publication.
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SOURCE: Adaptive Advert Techniques Inc.
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