StockTips Newsletter

Pick of The Week

SRAX Inc.
(NASDAQ: SRAX)

SRAX Inc. (NASDAQ: SRAX) is a digital marketing and consumer data management technology company. SRAX’s technology unlocks data to reveal brands’ core consumers and their characteristics across marketing channels.

Investment Considerations:

  • Increased number of registered BIGtoken users to 15.9 million in six months
  • Invited to be a board member on the Interactive Advertising Bureau (IAB) Data Policy Board
  • Deloitte Tech Fast 500 Winner
  • Member of the Russell Microcap® Index
  • Sold healthcare vertical, SRAX MD, for a $43.5 million consideration, retaining 31% ownership in new SRAX MD entity; 2017 revenue was $8 million out of $26 million
  • SRAX revenue potential for BIGtoken projected at $400 million by January 2022
  • Worldwide spending on big data and business analytics solutions reached $166 billion in 2018 and is projected to surge to $260 billion by 2022
  • Financial highlights for Q2 2019 include an increase in total gross margin to 55% in the second quarter, compared to 42% in Q1 2019; vertical revenue increased 132% in Q1 2019 in year-over-year growth
  • Raised $1 million at $5 per share in a private placement to support the launch of BIGtoken across Asia
  • Raised $7.8 million: $6.7 million from a registered direct offering and $1.1 million from warrant conversion
  • Raised $5.5 million from a registered direct offering, subsequent to quarter end
View Complete Profile

follow us on twitter    like us on facebook

Interact with other Small-Cap Enthusiuasts

Text STOCKTIPS to 77948

About StockTips

We focus on micro and small-cap companies in a variety of stages that demonstrate the products and/or services, management, business plan and drive needed to reach their valuation. The Small Cap market is teeming with opportunity - but where do you start, when and where do your research? StockTips is your guide to evaluate potential investments and market trends. We don't offer the golden (yet often lackluster) promise of the "hottest stocks" in today's market - we simply point you toward opportunities to get in on some of the market's ground-floor plays that are ready for you, hence we offer stock tips that may be ready right now.

Newsletter archives and disclaimers available at: www.stocktips.com

StockTips is part of the InvestorBrandNetwork.

Please read Disclaimers for Full Compensation Disclosures and other disclaimers.

Contact The Editor   |   Unsubscribe me from this mailing list

© 2019 StockTips (ST)