Logiq, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
May 08, 2023 at 12:32 pm EDT
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Logiq, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported net loss was USD 49.16 million compared to USD 20.13 million a year ago. Basic loss per share from continuing operations was USD 1.3936 compared to USD 0.9499 a year ago.
Logiq, Inc. is a provider of e-commerce and digital customer acquisition solutions. The Company provides a data-driven, end-to-end marketing solution. The Company operates through two segments: AppLogiq and DataLogiq. The Company offers solutions that help small-to-medium-sized businesses (SMBs), agencies, and enterprises to provide access to and reduce transaction friction in e-commerce for their clients. Its data-driven, artificial intelligence (AI)-powered solutions allow brands and agencies to advertise across digital and connected TV publishers. Its solutions are provided through the DataLogiq business, a digital marketing analytics business unit that offers data management, audience targeting and other digital marketing services that improve SMBs discovery and branding within the e-commerce landscape. The Company, through its DataLogiq platform, offers online marketing solutions on a performance marketing and self-service, software-as-a-service (SaaS) basis.