LOGIQ IS THE AGORACOM OF E-COMMERCE. HELPING DRIVE E-COMMERCE FOR SMBS AROUND THE WORLD

Uplisting To NASDAQ Via SPAC Merger Valued At $114 Million & 10X Current Market Cap. $11.6 million revenues in Q3 2023

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Logiq, Inc. Profile

 Solving the challenges of digital customer acquisition

 

Highlights

  • 4Q 2022 revenues totaled $8.4 million up 121%
  • Full year 2022 revenues totaled $20.3 million
  • Logiq's annualized run-rate has increased to more than $45 million with the recent acquisition of Park Place Payments
  • DLQ was awarded a managed services contract valued at $2 million to $3 million per month

Logiq Secures a Game-Changing aquisition with Park Place Payment

  • An award-winning fintech company owned by women
  • Empowers SMBs with groundbreaking merchant payment solutions and complementary financial services

 

DLQ Announced Plans to List on NASDAQ via Merger with Abri SPAC I

Highlight Terms of the Merger Agreement

  • DLQ will change its name to "DataLogiq, Inc." 
  • Abri will issue 11.4 million shares in exchange for DLQ shares. 
  • At $10 per Abri share, the valuation of DLQ is $114 million. 
  • The transaction is expected to close in the first quarter of 2023

In 2021, the U.S. programmatic industry was $98B in ad spend, making up 68% of digital media advertising

Solving the challenges of digital customer acquisition

 

 The AGORACOM of the e-commerce world.  AGORACOM helps small-mid cap companies win the attention of investors. Logiq helps SMB’s compete against megabrands in e-commerce 

The global e-commerce market surpassed $9 TRILLION in 2019 … and is scheduled to grow by a CAGR of 14% into 2027. But mega brands control almost 70% of the US market alone and are using their strength to win even more market, making it harder for SMBs to compete in this massive market 

Logiq is an award-winning e-commerce and fintech solutions company that is addressing that problem by helping drive e-commerce for SMBs around the world.

New Verticals

  • Roofing market

o   Per IBIS World, roofing is the 16th largest vertical in the construction industry; at $102 billion in the Americas and is forecast to grow to $156 billion by 2030 (per Morrissey Construction). 

  • Electric Vehicle Charger installation market

o   Sales of electric cars doubled in 2021 to a new record of 6.6 million.

o   That growth contributed to the total 16.5 million electric vehicles on the road in 2021, more than triple the number in 2018. 

 

Financial Performance

 

Last changed at 18-Jan-2024 11:29AM by AGORACOM-PN