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Message: VIDEO – VSBLTY Groupe Technologies $VSBY $VSBGF Posts Big Q3 Numbers, Sees Even Bigger Q4 on the Horizon

VIDEO – VSBLTY Groupe Technologies $VSBY $VSBGF Posts Big Q3 Numbers, Sees Even Bigger Q4 on the Horizon

posted on Dec 02, 2021 07:00PM

VSBLTY Groupe Technologies (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software, using Artificial Intelligence and Machine Learning.

 

The company's proprietary technology effectively integrates with other digital retail solutions, including QR codes and mobile applications. The firm is also recognized for its leadership role in the growing 'Store as Media' movement, which enables brands to reach customers when and where buying decisions are being made, while also producing a new revenue stream for retailers.

 

On Monday (Nov 29), VSBLTY posted its Q3 numbers, revealing:

 

• Third quarter bookings of $4.5 million USD with a booked-to-revenue ratio of more than 8:1

• Q3 revenue reached $522,683 USD and Q4 revenue is already considerably ahead of that

• An increase in the exercise of its previously issued warrants, resulting in cash inflows of more than $2.8m USD

 

The news comes after the firm last month signed a letter of intent with Phoenix Vision, to collaborate on building a major media network starting with more than 600 convenience stores throughout the U.S. That deal follows a whole host of major partnerships previously penned by VSBLTY, including:

 

* A five-year contract with EOS Linx to install its DataCaptor™ analytics solution in EOS Charge stations

 

* A license agreement with RADAR USA to develop a security product offering and associated services for sale in the United States and Canada

 

and of course

 

* A massive JV with Mexico’s Grupo Modelo (part of the AB InBev family of companies) and Retailigent Media to install and manage an international in-store media network in Modelorama stores and independent neighborhood bodegas, in Mexico and across Latin America

 

Agoracom Founder George Tsiolis caught up with VSBLTY Co-founder & CEO Jay Hutton to go over the firm’s Q3 numbers... 

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