Logiq, Inc. Revises Earnings Guidance for the Year 2022
May 16, 2022 at 07:03 pm EDT
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Logiq, Inc. revised earnings guidance for the year 2022. The Company projects annualized revenues for fiscal 2022 to be in the range of $40 million to $50 million, reaching a breakeven EBITDA run rate by the end of 2022 and attaining profitability in early 2023.
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.
LOGIQ, INC. 