Big Data, Vertical Intelligence software and services company

Helps the world's best businesses win in the digital economy by providing them with the innovative tools to make smarter decisions

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Message: VIDEO - NowVertical $NOW Record Financials Include $30.5M Pro Forma Revenues, Acquisition With $70M Backlog And Fortune 500 Clients.

VIDEO - NowVertical $NOW Record Financials Include $30.5M Pro Forma Revenues, Acquisition With $70M Backlog And Fortune 500 Clients.

posted on Apr 21, 2022 06:27PM

$NOW is a Big Data, Vertical Intelligence (VI) software and services company that helps the world's biggest companies, including Fortune 500, convert their Big Data into smarter decisions. 

More than just lip service, clients include:

●       Enterprise - Ford, GE Healthcare, Santander

●       Media - NetFlix, Prime, HBO, Universal, Lionsgate,

And these are just 2 of the many sectors that they service.  All of this has translated into great financial success, including the following record numbers:

●  2021 Revenue – $3.2M in 2021, an increase of 1988% from $0.15M in the prior year.

●  Q4 2021 Adjusted Revenues was $1.5 million an increase of 312% over Q4 2020

●  2021 Pro Forma TTM Adjusted Revenues was $7.0 million  an increase of 126% over 2020

●      Current Pro Forma 2021 Adjusted Revenues (APR 6) was $30.5 million NEARLY 10X since May 24

GROWTH COMING FROM BOTH MERGERS AND ORGANIC

Most companies tend to achieve big growth through either M&A or organic growth … but in the case of $NOW they’re achieving both with 9 acquisitions in the last 15 months, as well as, 30% organic growth from these acquisitions.  This is an incredible achievement given the fact most M&A requires lengthy integration time before switching the focus to organic growth and serves as a testament to the company’s capabilities - if that wasn’t obvious already.

But don’t take our word for it, here is a quote from Daren Trousdell, Chairman & CEO of NOW

“Our results demonstrate the powerful opportunity in the continuing execution of our strategy. We are acquiring great companies and successfully integrating them with our existing business to leverage the power of our NOW software stack with industry experts to expand and showcase the power of VI. We have significantly grown our distribution channels and global footprint to deliver exceptional solutions to our customers. Our growth to date has been phenomenal, and we have done it while focusing on making accretive acquisitions in a competitive market”

Sit back, relax and watch this powerful interview with CEO Trousdell

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