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Mobiquity Technologies (OTC:MOBQ) sees revenue boost following Advangelists merger

Tony Zerucha

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Mobiquity Technologies (OTC:MOBQ), a company providing mobile first, next generation programmatic advertising capabilities, is pleased to announce it has filed the required form 8k to provide two years of audited financials for Advangelists, which was recently merged into Mobiquity Technologies.

Comparing YOY revenues from 2017-2018, Mobiquity-Advangelists consolidated revenue grew of more than 100 percent. Unaudited Q4 2018 revenues were up approximately 150 percent for the same period in 2017.

Mobiquity has assumed complete managing control of Advangelists’ day to day operations. 

“Controlling responsibility will allow us to remain focused on aligning product strategy with market trends,” said Dean Julia, CEO of Mobiquity Technologies.

“We are extremely pleased with the results we are seeing post-merger and expect the accelerated growth to continue moving forward, and our recent client growth suggests the Mobiquity-Advangelists merger is the correct strategy to build upon this market expansion,” Mr. Julia added. “As for the Industry in general, we’re happy to see The Trade Desk (TTD) announce strong growth last week, it shows us that we are in the right place at the right time.”

As required by law, Mobiquity Technologies filed two years Pro-Forma consolidated financials available here.

Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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