DGTL Holdings Inc has reported fiscal 2021 revenue of C$3,976,793 during its first full year of operations following the company’s acquisition of Hashoff LLC.
DGTL said Hashoff continues to expand its customer base and diversify its revenue streams by adding numerous global brands as new key accounts.
As well, the company noted its previously announced proposed merger with Engagement Labs (TSX-V:EL) Inc will most likely be completed in early 2022.
READ: DGTL Holdings secures new strategic agency channel partner in Asia-Pacific market
DGTL has also announced interim results for its first quarter of 2022, in which it generated revenue of C$566,364. The company attributed the year-over-year decrease in revenue to a previous key account's increased digital spending on social media during the height of the pandemic and temporary restructuring of marketing budgets for in-person media and retail as US-based businesses begin to open from a global lockdown.
Hashoff is an enterprise level self-service CaaS (content-as-a-service) built on proprietary Artificial Intelligence and Machine Learning (AI-ML) technology.
Hashoff's AI-ML platform functions as a full-service content management system, designed to empower global brands by identifying, optimizing, engaging, managing, and tracking top-ranked digital content publishers for localized brand marketing campaigns.
DGTL Holdings acquires and accelerates transformative digital media, marketing and advertising software technologies, powered by Artificial Intelligence (AI).
The company also specializes in accelerating commercialized enterprise level software-as-a-service (SaaS) companies in the sectors of content, analytics and distribution, via a blend of unique capitalization structures.
Contact Sean at sean@proactiveinvestors.com