Adcore News
77 articles
Adcore Appointed by HockeyStickMan to Accelerate E-commerce Growth
Adcore Inc., a global leader in AI-powered marketing technology, has been appointed by HockeyStickMan, a leading online retailer of hockey equipment, to lead their digital marketing initiatives. Adcore will utilize its proprietary technology to enhance HockeyStickMans online strategy and engagement across major digital channels. This partnership aims to improve HockeyStickMans visibility and performance, leveraging Adcores Feeditor App to optimize product feeds and scale campaigns. The collaboration is expected to expand HockeyStickMans digital reach and accelerate growth. Adcore is a certified partner with major platforms like Google, Microsoft, Meta, Amazon, and TikTok.
Partners
Adcore to Present at the Planet MicroCap Showcase in Toronto
Adcore Inc., a leader in AI-powered marketing technology, announced its participation in the Planet MicroCap Showcase in Toronto on October 22, 2025. The company will present its latest app, Proposaly, designed to streamline sales workflows. Adcores platform, Marketing Cloud, leverages AI to optimize digital marketing efforts, offering solutions for e-commerce advertising and budget performance analysis. The company is a certified partner with major tech firms like Google, Microsoft, Facebook, Amazon, and TikTok. Established in 2006, Adcore operates globally with offices in Tel Aviv, Toronto, Melbourne, Hong Kong, and Shanghai. The announcement highlights Adcores commitment to innovation and expanding its market presence.
Product StagePartners
Adcore Reports Second Quarter 2025 Results
Adcore Inc., a leader in marketing technology, reported its financial results for Q2 2025, highlighting improvements in gross margin, Adjusted EBITDA, and cash balance. The company saw a 35% increase in APAC revenue and a 6% increase in gross profit compared to the previous year. Adcores new app, Proposaly, currently in beta, is enhancing sales workflows with AI-powered features. The company is leveraging AI to boost operational efficiency and anticipates capturing new growth opportunities in the latter half of the year.
Product StageCustomers
Adcore to Publish Second Quarter 2025 Results on August 13, 2025
Adcore Inc., a global leader in AI-powered marketing technology, announced it will release its financial results for Q2 2025 on August 13, 2025. The company will host a conference call and webcast to discuss these results. Adcores platform empowers businesses to maximize their digital marketing potential through AI technology. The company is a certified partner with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok. Established in 2006, Adcore operates from its headquarters in Tel Aviv, Israel, with additional offices in Toronto, Melbourne, Hong Kong, and Shanghai.
Adcore Partners with Criteo to Expand Access to Performance-Driven Advertising Solutions in North America
Adcore Inc., a leader in AI-powered marketing technology, announced a strategic partnership with Criteo to enhance its Marketing Cloud platform. This collaboration will integrate Criteos AI-powered advertising solutions, allowing Adcore to deliver more personalized and performance-driven campaigns across North America. The partnership aims to expand Adcores access to advanced tools and insights, fostering growth in the digital marketing landscape. The agreement was executed in March 2025 and is effective throughout the year. Adcores CEO, Omri Brill, expressed confidence in the partnerships potential to benefit partners, customers, and stakeholders.
Partners
Adcore Appointed to Drive Digital Growth for Leading Canadian Investment Fund Manager
Adcore Inc., a global leader in marketing technology, has been appointed to lead the digital marketing efforts for one of Canadas largest independent investment fund managers. Utilizing its AI-powered platform, Adcore aims to enhance the investment funds brand presence and awareness of upcoming product launches. The partnership will involve delivering advanced digital marketing solutions through search and social networks, engaging investors with meaningful content and thought leadership. Adcores CEO, Omri Brill, expressed excitement about the collaboration, emphasizing the companys expertise in driving efficient marketing campaigns in the competitive investment product field.
PartnersAI technology developing/using
Adcore Reports First Quarter 2025 Results
Adcore Inc. reported strong financial results for Q1 2025, driven by significant growth in the APAC market, where revenue increased by 85% compared to the previous year. The company achieved a positive Adjusted EBITDA and a 33% year-over-year increase in cash position. Adcore is focusing on strategic hiring in high-growth regions and plans to launch a new product, Proposaly, aimed at automating sales workflows. Despite challenges in EMEA and North America, Adcores innovative AI-powered platform continues to empower businesses in maximizing their digital marketing potential.
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Adcore to Publish First Quarter 2025 Results on May 15, 2025
Adcore Inc., a global leader in AI-powered marketing technology, announced it will release its financial results for the first quarter of 2025 on May 15, 2025. The company will host a webcast and conference call to discuss these results, providing an opportunity for management to address questions from investors. Adcores platform empowers businesses to optimize their digital marketing strategies, leveraging AI to manage and automate advertising efforts. The company is a certified partner with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok. Established in 2006, Adcore operates from its headquarters in Tel Aviv, Israel, with additional offices in Toronto, Melbourne, Hong Kong, and Shanghai.
Adcore Announces Voting Results from Annual and Special Shareholders Meeting
Adcore Inc., a leader in AI-powered marketing technology, held its annual general and special meeting of shareholders on April 29, 2025, in Toronto. During the meeting, all five director nominees were elected to serve until the next annual meeting. Additionally, Ziv Haft, Certified Public Accountants, was appointed as the auditor for the upcoming year. Shareholders approved an amended stock option plan and the amendment of the expiry date for certain stock options. Adcore, established in 2006, is a certified partner with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok, and operates globally with offices in Tel Aviv, Toronto, Melbourne, Hong Kong, and Shanghai.
Management Changes
Adcore Secures Flagship Client in APAC, Chosen by Global Retail Brands as Lead Digital Partner
Adcore Inc., a leader in AI-powered marketing technology, has been appointed to lead digital marketing for Global Retail Brands, adding four prominent Australian brands to its portfolio. These brands include House, MyHouse, Robins Kitchen, and Baccarat, representing over 250 stores nationwide. This partnership expansion highlights Adcores capability to deliver results in the digital marketing space, further solidifying its position as a key player in the Australian retail market. The collaboration aims to enhance user experience and drive growth for Global Retail Brands through improved optimization and strategic digital marketing efforts.
CustomersPartners
Adcore to Present at the Planet MicroCap Showcase in Las Vegas
Adcore Inc., a leading AI-powered marketing technology company, announced its participation in the Planet MicroCap Showcase in Las Vegas on April 23, 2025. The company, which specializes in e-commerce advertising management and automation, will present its solutions that leverage digital marketing through AI technology. Adcore is recognized as a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner. The event will provide an opportunity for Adcore to engage with potential investors and partners, showcasing its capabilities in managing and automating e-commerce store advertising to maximize ROI. With headquarters in Tel Aviv and offices worldwide, Adcore continues to expand its influence in the digital marketing space.
Partners
Adcore Full Year 2024 Earnings: US$0.009 loss per share (vs US$0.016 loss in FY 2023)
Adcore reported its full-year 2024 financial results, showing a revenue increase of 2.5% to US$23.7 million compared to FY 2023. The net loss narrowed by 43% to US$541,000, translating to a loss of US$0.009 per share, an improvement from the US$0.016 loss per share in the previous year. Despite these improvements, Adcores shares have decreased by 15% over the past week. The article also mentions the potential impact of AI on healthcare, highlighting stocks under $10 billion in market cap. Simply Wall St provides this analysis based on historical data and analyst forecasts, emphasizing that it is not financial advice.
Adcore Delivers Record-Breaking Q4 and Year-End 2024 Financial Results
Adcore Inc., a leader in marketing technology, reported its financial results for the year ending December 31, 2024. The company achieved its highest-ever quarterly gross profit of CAD$3.9 million and a 164% increase in Adjusted EBITDA to CAD$1.3 million. Cash flow from operating activities tripled year-over-year to CAD$3.8 million. With CAD$10.8 million in cash on hand, Adcore is well-positioned for strategic growth and international expansion in 2025. The company reported a total revenue of CAD$32.5 million for 2024, a 4% increase from 2023. Adcores innovative AI-powered platform continues to drive demand and enhance its suite of marketing apps, setting the stage for a breakout year in 2025.
Adcore to Publish Fourth Quarter and 2024 Year End Results on March 26th, 2025
Adcore Inc., a global leader in AI-powered marketing technology, announced it will release its financial results for the fourth quarter and fiscal year ending December 31, 2024, on March 26, 2025. The company will host a webcast and conference call to discuss these results, which will include a statement by management and a Q&A session. Adcores innovative platform empowers businesses to optimize their digital marketing efforts. The company, established in 2006, operates from its headquarters in Tel Aviv and has offices in Toronto, Melbourne, Hong Kong, and Shanghai. Adcore is a certified partner with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok.
Adcore Announces Renewal of its Microsoft Advertising Strategic Partnership for 2025
Adcore Inc., a leader in marketing technology, announced the renewal of its channel partner agreement with Microsoft Advertising for 2025. This renewal underscores Adcores strong presence in digital marketing and follows its recognition as a finalist for Client Partnership of the Year and Channel Partner of the Year by Microsoft Advertising. Since joining the Microsoft Advertising Partner Program in 2019, Adcore has achieved Microsoft Elite Partner status. The partnership renewal is seen as a positive signal for Adcores growth trajectory and innovation strategy, leveraging AI integrations to enhance advertiser performance. Microsoft Advertising acknowledges the synergy and substantial value driven by this collaboration, highlighting Adcores international growth and diverse client base.
Partners
Adcore Australia Named Winner of Best Large PPC Agency
Adcore Inc., a leader in AI-powered marketing technology, has been recognized as the Best Large PPC Agency at the 2025 APAC Search Awards. This award highlights Adcores innovative AI-powered platform, Marketing Cloud, which helps businesses optimize their digital marketing efforts. The recognition is a testament to Adcores commitment to excellence and its strong partnerships with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok. The company, established in 2006, operates globally with offices in Tel Aviv, Toronto, Melbourne, Hong Kong, and Shanghai. This accolade is expected to positively impact Adcores growth and reputation in the marketing technology industry.
Partners
Adcore Starts 2025 Off Strong With Robust Financial Position & Media Blast Performance Update
Adcore Inc., a leader in marketing technology, reported a strong financial position as of December 31, 2024, with $10.8 million in cash and equivalents, marking a 61% increase from Q3 2024 and a 34% increase year-over-year. The companys Media Blast app achieved nearly $2 million in Annual Recurring Revenue (ARR) in December 2024, doubling its ARR in just six months. CEO Omri Brill expressed optimism for 2025, highlighting the companys robust cash position and growing demand for its technology-driven solutions. Adcore is set to unveil its new app, Proposaly.io, in a webinar on January 15, 2025.
Adcore Launches Proposaly.io in Closed Beta, Revolutionizing Sales Workflows for Businesses Worldwide
Adcore Inc., a leader in marketing technology, has launched Proposaly.io, a new platform designed to streamline the sales process for businesses. Currently in closed beta, Proposaly.io aims to address inefficiencies in traditional sales processes by integrating marketing presentations, proposal creation, legal agreements, online payments, and project updates into a single platform. This innovation is expected to help businesses close deals faster, increase deal sizes, and enhance client experiences. Adcores CEO, Omri Brill, emphasized that Proposaly.io is a strategic move to position the company as a leader in the sales tech space, expanding beyond its traditional marketing technology offerings.
Adcore Appointed to Lead Sports Direct's Digital Marketing Effort in Australia and New Zealand
Adcore Inc., a leading marketing technology company, has been appointed to lead digital marketing efforts for Sports Direct, a major UK-based sportswear retailer and part of the Fraser Group. This partnership focuses on Sports Directs expansion into the Australian and New Zealand markets. Adcore will utilize its AI-powered platform to manage digital marketing strategies across various online channels, aiming to establish Sports Directs brand presence and enhance its position as a global market leader. The collaboration is seen as a testament to Adcores expertise in helping brands expand into new markets, leveraging its global presence and advanced technologies.
Partners
Adcore Third Quarter 2024 Earnings: US$0.002 loss per share (vs US$0.002 loss in 3Q 2023)
The article discusses Adcores financial performance, highlighting a revenue of US$5.66 million, which is a 6.9% decrease from the third quarter of 2023. The company reported a net loss of US$120,000, which is an improvement of 14% compared to the previous quarter. Despite this, Adcores shares have fallen by 8.1% over the past week. The article also mentions two warning signs for Adcore, suggesting potential risks. The analysis is based on historical data and analyst forecasts, and it is not intended as financial advice.
Adcore Reports Third Quarter 2024 Financial Results
Adcore Inc., a leading e-commerce advertising management and automation platform, announced its financial results for Q3 2024, highlighting significant growth and improved profitability. The company reported a 27% revenue increase in North America and a 26% increase in APAC, despite an overall revenue decrease of 5% compared to the previous year. Gross profit rose by 12% to CAD$3.7 million, with gross margins improving to 47%. Adjusted EBITDA also increased to CAD$282,000, reflecting Adcores focus on operational efficiency and sustainable growth. The company remains committed to its strategic pillars, including leveraging technology and AI, and expanding into enterprise markets, to drive long-term value.
Adcore To Publish Third Quarter 2024 Results on November 14, 2024
Adcore Inc., a leading AI-powered marketing technology company, announced it will release its Q3 financial results for the period ending September 30, 2024, on November 14, 2024. The company will host a conference call and webcast to discuss these results, featuring a statement by management and a Q&A session. Adcore specializes in digital marketing solutions, leveraging AI to optimize e-commerce advertising. The company is a certified partner with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok. Established in 2006, Adcore operates from its headquarters in Tel Aviv, Israel, with offices in Toronto, Melbourne, Hong Kong, and Shanghai.
Adcore Named Finalist for Microsoft Channel Partner of the Year & Client Partnership of the Year for EMEA Region
Adcore Inc., a leading e-commerce advertising management platform, has been nominated as a finalist for the Microsoft Advertising EMEA Channel Partner of the Year and Client Partnership of the Year awards. These nominations highlight Adcores successful partnership with Microsoft Advertising, showcasing their ability to drive new customers to Microsoft and deliver innovative marketing solutions. The recognition underscores the effectiveness of Adcores Marketing Cloud technology and its international reach. Adcores CEO, Omri Brill, expressed pride in the nominations and emphasized the companys commitment to advancing digital marketing. Nigel Leggatt from Microsoft Advertising praised the partnerships success and potential for future collaboration. This acknowledgment is a testament to Adcores growth and influence in the digital marketing industry.
Partners
Keynotes and 50 Companies to Present at the Planet MicroCap Showcase: VANCOUVER in association with Small Cap Discoveries on September 25-26, 2024 at the Fairmont Waterfront Vancouver
Planet MicroCap is hosting the Planet MicroCap Showcase in Vancouver on September 25-26, 2024. The event will feature presentations from 50 MicroCap public and private companies, keynotes from industry leaders, and 1x1 meetings. Keynote speakers include Paul Andreola, Brent Todd, and several other notable figures in the financial industry. The event is supported by sponsors such as Canaccord Genuity, Lucosky Brookman, Marcum LLP, and others. The showcase aims to provide insights and networking opportunities for those interested in the MicroCap market.
Partners
Adcore to Present at the 2024 Cantech Letter Investment Conference
Adcore Inc., a leading AI-powered marketing technology company, announced its participation in the 2024 Cantech Letter Investment Conference on October 9th at 1pm ET in Toronto. The conference provides technology companies with opportunities to showcase their innovations and growth strategies, and to engage in 1-on-1 meetings with investors and capital markets professionals. Adcore, established in 2006, offers a unique digital marketing solution leveraging AI to manage and automate e-commerce advertising. The company is a certified partner with Google, Microsoft, Facebook, Amazon, and TikTok.
Investment
Adcore to Present at the Planet Microcap Showcase
Adcore Inc., a leading AI-powered marketing technology company, announced its participation in the Planet MicroCap Showcase in Vancouver on September 25, 2024. The company, which specializes in e-commerce advertising management and automation, will present and hold 1x1 investor meetings at the event. Adcore is a certified partner with major platforms like Google, Microsoft, Facebook, Amazon, and TikTok. The company employs over fifty people across its headquarters in Tel Aviv and satellite offices in Toronto, Melbourne, Hong Kong, and Shanghai.
Investment
Adcore Appointed by Munro Footwear Group to Lead Performance Marketing
Adcore Inc., a leading E-commerce advertising management and automation platform, has been appointed by Munro Footwear Group, one of Australias largest footwear retailers, to lead their performance marketing efforts. Adcore will utilize its cutting-edge Feeditor app to optimize and manage Munro Footwear Groups digital marketing campaigns. This partnership aims to enhance Munros brand presence and drive their E-commerce growth goals. Both companies expressed enthusiasm about the collaboration, highlighting the potential for significant growth and improved customer engagement.
Partners
Adcore Second Quarter 2024 Earnings: US$0.008 loss per share (vs US$0.007 loss in 2Q 2023)
Adcore has reported a decline in its second quarter 2024 results. The companys revenue was down by 8.7% from the second quarter of 2023, amounting to US$4.84m. The net loss also widened by 25% from the same period in 2023, reaching US$507.0k. The loss per share further deteriorated from US$0.007 in 2Q 2023 to US$0.008 in 2Q 2024. Adcores shares are also down by 2.4% from a week ago. The article also mentions two warning signs for Adcore that need to be considered.
Customers
Adcore Reports Second Quarter 2024 Financial Results
Adcore Inc., a leading e-commerce advertising management and automation platform, announced its Q2 2024 financial results. The company reported a 22% year-over-year growth in revenue from the North America region and maintained robust gross margins. Despite a slowdown in the EMEA market, the company overcame challenges and achieved improvements in operating efficiency. The companys Media Blast app, launched 12 months ago, has achieved an ARR of CAD$1,000,000. However, the companys overall revenue and gross profit for Q2 2024 decreased by 4% and 1% respectively compared to the same period in 2023.
Customers
Adcore To Publish Second Quarter 2024 Results on August 14, 2024
Adcore Inc., a leading e-commerce advertising management and automation platform, announced that it will release its financial results for the second quarter ended June 30th, 2024 before market open Wednesday August 14th, 2024. The company will host a conference call and webcast to discuss those results. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner. The Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.
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Adcore Reports Record Gross Profit for First Quarter 2024
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced its financial results for Q1 2024. The company reported a 13% increase in gross profit to CAD$3.1 million, and a significant improvement in gross margin from 40% to 45%. The companys Adjusted EBITDA saw an exceptional increase of 196%. Adcores CEO, Omri Brill, attributed these achievements to the companys focus on operational efficiency and strategic growth. The company also announced an increase in its sales staff globally since the start of the year.
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Adcore To Publish First Quarter 2024 Results on May 15, 2024
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it will release its financial results for the first quarter ended March 31st, 2024 before market open Wednesday, May 15th, 2024. The company will host a conference call and webcast to discuss the results. Adcore uses its proprietary artificial intelligence (AI) powered technology to offer a unique digital marketing solution that manages and automates e-commerce store advertising and monitors and analyzes the performance of advertising budgets.
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Adcore Announces Appointment of Investor Relations Manager
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced the appointment of Mr. Nick Campbell as Investor Relations Manager. Mr. Campbell has over 8 years of experience in the capital markets and has worked with publicly traded companies listed on the TSX and TSX Venture. The company also announced the termination of its engagement with Bristol IR, which provided investor relations services to Adcore from March 13, 2023 to April 30, 2024.
Management ChangesPartners
Adcore Reports Strong Q4 and Year End 2023 Operating Results
Adcore Inc., a leading e-commerce advertising management and automation platform, announced its financial results for the three and twelve months ended December 31, 2023. The company saw strong growth in 2023, with a significant revenue increase. Adcores CEO, Omri Brill, stated that the companys focus on optimizing ad spend efficiency for their growing customer base and streamlining financial expenditures has resulted in consistent enhancements in key financial metrics. The company also expanded its customer footprint and fostered strategic partnerships. Adcores cash position exceeded CAD$8 million, allowing it to further scale its operations.
CustomersPartners
Adcore to Publish Fourth Quarter and 2023 Year End Results on March 20th, 2024
Adcore Inc., a leading e-commerce advertising management and automation platform, announced that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2023, before the market opens on Wednesday, March 20, 2024. The company will host a conference call and webcast to discuss the results. Adcore combines industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology to offer a unique digital marketing solution. The company is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner.
Adcore Achieves 2024 Google Premier Partner Status
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it has achieved Google Premier Partner status for the third consecutive year. This status is awarded to the top 3% of Googles digital marketing partners and signifies Adcores expertise in implementing successful digital campaigns and driving client growth with the latest Google Ads tools. The achievement is seen as a testament to Adcores commitment to excellence and its ability to drive growth and ensure client satisfaction.
Partners
Adcore Announces Extension of Its Strategic Partnership with Microsoft Advertising for 2024
Adcore Inc., a leading e-commerce advertising management and automation platform, has renewed its channel partner agreement with Microsoft Advertising for 2024. This comes after Adcore was honored as the Global Partner of the Year for 2023 by Microsoft Advertising. Since joining the Microsoft Advertising Partner Program in 2019, Adcore has consistently demonstrated excellence, earning the esteemed Microsoft Elite Partner status in 2022. The renewal of the partnership aligns with Adcores focus for the year ahead, with a strategy focused on driving new business towards Microsoft and growing top-of-funnel activities on the Microsoft Audience Network and Connected TV.
Partners
Adcore Launches Feeditor Plus+ Application for E-commerce Enterprises
Adcore Inc., a leading e-commerce advertising management and automation platform, has unveiled its latest Marketing Cloud application, Feeditor Plus+. The new tool is designed to support enterprises with large inventories and significant advertising budgets, streamlining their digital advertising efforts. Feeditor Plus+ can manage millions of items and offers unmatched capabilities in digital marketing. The application features intuitive, code-free feed editing and highly customizable rules, enabling precise alignment of feed content with specific client needs and preferences. The launch of Feeditor Plus+ marks a strategic expansion of Adcores service offerings.
CustomersExpand
Adcore to Host Investor Webcast on Wednesday December 6th, 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, announced that it will host a webcast investor presentation on December 6, 2023. The webcast will be conducted by CEO, Omri Brill, who will cover key areas of Adcores business. The company aims to facilitate the growing interest in the company through this webcast. Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising. The company also runs Amphy, an online learning marketplace.
CustomersPartners
Adcore Reports Continued Strong Performance with Third Quarter Financial Results
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced its financial results for Q3 2023. The company reported a 10% increase in revenues compared to Q3 2022, with $8.2 million generated in the past quarter. Adcore also added new clients including Toys R Us and Runway The Label, and expanded relationships with existing customers. The company also secured a new digital advertising contract with a leading Australian health and wellness company. Adcores CEO, Omri Brill, expressed his delight at the positive business momentum and looked forward to continued success in the next quarter.
CustomersInvestment
Adcore to Publish Third Quarter 2023 Results on November 9, 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it will release its financial results for the third quarter ended September 30, 2023, before the market opens on Thursday, November 9, 2023. The company will host a webcast and conference call to discuss its third quarter financial results. Adcore combines industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology to offer a unique digital marketing solution. The company also runs Amphy, an online learning marketplace. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner and TikTok Partner.
CustomersPartners
Adcore Announces an Estimated $10 Million Ad Spend Contract
Adcore Welcomes Amit Konforty as New Chief Financial Officer
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced the promotion of Mr. Amit Konforty, CPA, currently serving as Adcores Director of Finance, to be the Chief Financial Officer of the Company effective November 11, 2023. He will replace Mr. Sadot who has resigned from his position as Chief Financial Officer of the Company effective November 10, 2023. The company also reassures that its business operations in Israel are stable and ongoing despite the ongoing tragic events in the country.
Management Changes
Fewer Investors Than Expected Jumping On Adcore Inc. (TSE:ADCO)
Adcore Inc., a software company, has a price-to-sales ratio of 0.4x, which is significantly lower than the average for software companies in Canada. This could be due to the companys declining revenue, which may have led investors to believe that the company will underperform in the near future. However, despite a 4.1% decline in revenue last year, the company has seen an overall growth of 124% over the last three years. This suggests that the companys low P/S ratio may not be justified, and that the companys future prospects could be more positive than currently perceived.
Customers
Adcore Announces New Contract with Toys“R”Us in Israel
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced a new contract with Toys"R"Us in Israel. Adcore will be responsible for managing the toy retailers advertising campaigns on Google and Meta (Facebook) for the Israel market, with potential for other channels to follow. Omri Brill, CEO of Adcore, expressed excitement over the partnership, noting that globally recognized brands are increasingly choosing Adcore for their advertising needs. Shirley Peer Jaegermann, CEO of Toys"R"Us in Israel, also expressed optimism about the partnership, citing Adcores understanding of the retail and e-commerce landscape.
PartnersCustomers
Runaway The Label Partners with Adcore to Manage CAD $1.75M–$2.5M Annual Advertising Budget
Adcore Inc. has entered into an agreement to provide digital advertising technology and services for Runaway The Label, an online apparel retailer. Adcore will manage Runaways advertising budget, which is expected to invest between CAD $1.75 million and CAD $2.5 million on ad spend in the next 12 months. Adcore will handle advertising campaigns on various platforms. The partnership aims to expand Runaway The Labels global reach and deliver exceptional value to its customers.
Customers
Adcore Launches New Media Blast App for Small Business Customers
Adcore Inc. has launched a new marketing cloud app called Media Blast to support its small business customers with their digital advertising needs. The app allows advertisers to create multiple Google Ads agency accounts and efficiently manage and allocate budgets across these accounts. It simplifies small business digital advertising efforts and provides a single dashboard for monitoring and managing campaigns. The Media Blast app aligns with Adcores vision as a one-stop technology hub for online marketers. The app has already generated revenue in record time, indicating a real need in the market. Adcore is a leading AI-powered marketing and online learning technology company.
Customers
Adcore Reports Strong Second Quarter Financial Results
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced its Q2 2023 financial results, showing a 33% increase in revenues and a 41% increase in gross profit compared to Q2 2022. The companys revenues grew to CAD$6.9 million, surpassing initial revenue guidance for the quarter. The company also reported a 70% reduction in cash flow used for operating activities compared to Q2 2022, putting Adcore in a favorable position to fund future growth initiatives. The companys CEO, Omri Brill, expressed optimism about the companys future, stating that Adcore is on its way to becoming a leading global digital advertising and marketing technology company.
Customers
Adcore Announces Israel Government Advertising Agency Contract Extension
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that the Israeli Government Advertising Agency (IGAA) has extended its digital advertising contract with Adcore for an additional 10 months. The contract is potentially worth CAD $20 million in ad spend. Adcore has been managing the IGAAs online advertising spend since 2018, with the aim of increasing incoming tourism to Israel. The extension of the contract will allow Adcore to continue overseeing the IGAAs digital marketing for the remainder of the year.
CustomersPartners
Adcore to Publish Second Quarter 2023 Results on August 9, 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it will release its financial results for the second quarter ended June 30, 2023, after the market closes on Wednesday, August 9, 2023. The company will host a webcast and conference call to discuss its second quarter financial results on Thursday, August 10, 2023. Adcore also runs Amphy, an online learning marketplace. The company is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, and TikTok Partner.
CustomersPartners
Adcore Announces Voting Results from Annual Shareholders Meeting
Adcore Inc., a leading e-commerce advertising management and automation platform, announced the results of its annual general meeting of shareholders held on June 27, 2023. The number of directors was fixed at five, and all five director nominees were re-elected. The directors will serve until the close of the next annual meeting of shareholders. Adcore also reported the re-appointment of Ziv Haft, Certified Public Accountants (Isr.), BDO Member Firm as Adcores auditor. The company offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising.
Management Changes
Adcore Provides Guidance for Second Quarter 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, has provided preliminary guidance for its second quarter ending June 30, 2023. The company expects revenue to be in the range of CAD $6.25 million to CAD $6.75 million, with expected gross profit ranging between CAD $2.4 million and CAD $2.8 million and expected gross margin of 40% to 45%. CEO Omri Brill expressed satisfaction with the companys performance and optimism about future opportunities.
Customers
Adcore Recognized Under Amazon's Verified Partner Status
Adcore Inc., a leading e-commerce advertising management and automation platform, has been selected as a Verified Partner with Amazon. This partnership will provide Adcores clients with enhanced services designed to maximize return on advertising investments and increase product visibility. The partnership will also grant Adcores clients access to exclusive events, sponsored programs, and co-marketing support. Adcores CEO, Omri Brill, expressed his excitement about the partnership, stating that it will benefit their clients by offering additional services across 14 prominent countries, thereby increasing revenue generation potential.
PartnersCustomers
Microsoft Advertising Selects Adcore as Global Channel Partner of the Year
Adcore Inc., a leading advertising management and automation platform, has been awarded the Global Channel Partner of the Year by Microsoft Advertising. This award recognizes the top company that has demonstrated excellence in partnering with Microsoft Advertising. Adcores CEO, Omri Brill, expressed his gratitude for the recognition and emphasized the companys commitment to continue pioneering in the digital marketing realm and strengthening its partnership with Microsoft. The award serves as motivation for Adcore to continue shaping the future of digital marketing.
Partners
Criteo Chooses Adcore as Its Preferred Partner in Israel
Adcore Inc. has entered into a strategic partnership with Criteo S.A., a Commerce Media company, to accelerate growth and expand Criteos market presence. Adcore has been designated as a preferred Criteo partner in Israel, tasked with delivering Criteos cutting-edge solutions to both existing clients and a fresh roster of advertisers and agencies. This partnership allows Adcore to broaden its reach, extending Criteos innovative solutions to new collaborators. The collaboration is expected to bring significant benefits for partners, customers, and stakeholders.
PartnersExpand
Adcore Announces Renewal of Normal Course Issuer Bid
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that the Toronto Stock Exchange has approved the renewal of the companys normal course issuer bid (NCIB). Under the NCIB, Adcore may purchase up to 3,024,452 of its shares, representing approximately 5% of its issued and outstanding shares. The company believes that the market price of its shares may not fully reflect their value and that the purchase of shares would be in the best interests of the company and its shareholders. The NCIB will be conducted during the twelve-month period commencing May 19, 2023, and ending May 18, 2024.
Public Trading
Adcore to Host Special Investor Webcast on May 24th, 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, announced it will host a webcast investor presentation on May 24th, 2023. The webcast will be led by CEO Omri Brill, who will cover key areas of Adcores business. The company aims to facilitate the growing interest in the company through this webcast. Adcore combines industry knowledge with AI-powered technology to offer a unique digital marketing solution that manages and automates e-commerce store advertising. The company has offices in Tel Aviv, Toronto, Melbourne, Hong Kong, and Shanghai.
Investment
Adcore Reports Strong First Quarter 2023 Financial Results
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced its Q1 2023 financial results. The companys revenue for the quarter ending March 31, 2023, reached CAD$6.8 million, a 45% increase compared to the same period in 2022. Gross profit also saw a significant 35% increase, reaching CAD$2.7 million. The companys gross margin ended at 40%, and regional revenues showed promising growth trends. North America experienced a 61% increase, EMEA saw an 81% growth in revenue, and the APAC region resumed their growth trends, with a 3% increase.
Investment
Adcore To Publish First Quarter 2023 Results on May 10, 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it will release its financial results for the first quarter ended March 31, 2023, after the market closes on Wednesday, May 10, 2023. The company will host a conference call and webcast to discuss the results on Thursday, May 11, 2023. Adcores platform empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment.
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Adcore Reports Strong Q4 and Year End 2022 Operating Results
Adcore Inc., a leading e-commerce advertising management and automation platform, announced its financial results for the three and twelve months ended December 31, 2022. Despite challenges faced in the first half of 2022, the company reported a 43% increase in gross margin and over 20 new strategic customers. Adcore also saw a significant increase in strategic regional revenue, with EMEA and North America experiencing a 71% and 125% increase, respectively. The companys total revenue for the year was CAD$26.6 million, a 25% decrease from 2021. However, its gross margin increased by 43% compared to the previous year.
CustomersExpand
Adcore Wins Microsoft’s Advertising 2022 Channel Partner of the Year Award for EMEA
Adcore Inc., a leading e-commerce advertising management and automation platform, has been named as the winner of Microsofts Advertising 2022 Channel Partner of the Year Award for Europe. The award recognizes Adcores excellence in partnership with Microsoft Advertising. Adcores CEO, Omri Brill, expressed his excitement over the recognition and emphasized the companys commitment to providing innovative e-commerce advertising management and automation solutions through the Adcore Marketing Cloud platform. The companys partnership with Microsoft Advertising has been growing over the years, and they look forward to continuing this collaboration.
Partners
Adcore To Publish Fourth Quarter and 2022 Year End Results on March 29, 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2022, after the market closes on Wednesday, March 29, 2023. The company will host a conference call and webcast to discuss the results on Thursday, March 30, 2023. Adcore, established in 2006, employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.
Adcore Announces the Engagement of Bristol Capital and Dr. Reuter for Investor Relations Services
Adcore Inc., a leading e-commerce advertising management and automation platform, has announced that it has retained Bristol Capital Ltd. and Dr. Reuter Investor Relations for investor relations services in North America and Europe, respectively. Bristol has been engaged by the Company for an initial period of 12 months, with a monthly fee of up to CAD $10,000, plus applicable taxes. Dr. Reuter has been engaged for an initial term of 6 months, with a monthly fee of up to €3,000, plus applicable taxes. Adcore also announced the termination of its engagement with IMS Investor Relations.
PartnersManagement Changes
Adcore Reaffirms Guidance for Fourth Quarter 2022 and Boosts Cash Position by 7%
Adcore Inc., a leading e-commerce advertising management and automation platform company, has reaffirmed its preliminary guidance for Q4 2022, expecting results to be in the upper range of the prior projection. The company had previously guided revenue of CAD$8 million to CAD$9.1 million, with expected gross profits between CAD$2.7 million and CAD$3.7 million. Adcore also reported a 7% increase in its cash position to CAD $8.8 million as of December 31, 2022, up from CAD $8.2 million on September 30, 2022.
Investment
Adcore Achieves 2023 Google Premier Partner Status
Adcore Inc., a leading e-commerce advertising management and automation platform, has achieved the 2023 Google Premier Partner status, a title reserved for the top 3% of Google advertising partners each year. This recognition highlights Adcores ability to maximize campaign success and drive client growth while demonstrating their expertise on the latest Google Ads products. As a Premier Partner, Adcore will receive several unique benefits, including the ability to display the 2023 Google Premier Partner badge on the Companys website and marketing materials.
Partners
Adcore Named as Finalist for Microsoft Advertising’s 2023 EMEA Channel Partner of the Year
Adcore Inc., a leading e-commerce advertising management and automation platform, has been selected as one of five finalists for Channel Partner of the Year in Microsoft Advertisings Partner Awards 2023: EMEA. The award recognizes the companys excellence in partnership with Microsoft Advertising. Adcores CEO, Omri Brill, expressed his excitement about the nomination and commended his team for their commitment to providing unique and powerful digital marketing solutions. The award winner will be announced on March 20, 2023.
Partners
Adcore to Present at World Outlook Financial Conference 2023
Adcore Inc., a leading e-commerce advertising management and automation platform, announced that its Chief Partnerships Officer, Martijn van den Bemd, will present at the World Outlook Financial Conference on February 4, 2023. The company is excited to attend the conference in-person for the first time and share its progress and strategy with investors. Adcore continues to deliver positive results driven by its commitment to innovation and the new contracts and renewals it has secured from new and existing partners. The company empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and ensuring maximum Return on Investment.
Partners
Adcore Provides Guidance for Fourth Quarter 2022
Adcore Inc., a leading e-commerce advertising management and automation platform, has provided preliminary guidance for its Q4 2022, expecting revenue to be in the range of CAD$8 million to CAD$9.1 million, with gross profit between CAD$2.7 and CAD$3.7 million, and a gross margin of 40%. The company also announced the appointment of Zehavit Dan as General Counsel and Corporate Secretary. Dan has over 18 years of experience as a lawyer and has worked with a variety of global public companies.
Management Changes
Amphy E-Learning Website Relaunches with Redesigned User Experience and Enhanced Features
Adcore Inc. has announced the relaunch of its e-learning website, Amphy, with a redesigned user interface and enhanced features. The updated version includes class trailers, improved visibility around class availability, and a more efficient checkout process. The platform aims to provide an engaging and effective online learning experience. Amphy was founded in 2021 and offers thousands of classes across hundreds of categories. Adcore is a leading e-commerce advertising management and automation platform.
CustomersExpand
IT News Online - Adcore to Expand Presence in China with Opening of Shanghai Office
Adcore Inc. announced that it will expand its presence in China with the opening of a corporate office in Shanghai. This expansion reflects the companys commitment to the rapidly growing digital advertising market in the Asia-Pacific region. Adcore aims to partner with Chinese companies seeking to reach a global customer base and believes that China will be a major growth engine for the company in 2021 and beyond. The opening of the Shanghai office will provide a local team fluent in Mandarin, accelerating growth and driving further penetration of the valuable Chinese market.
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https://www.jpost.com/israel-news/adcore-becomes-first-israeli-company-to-join-toronto-stock-exchange-661950
Adcore, a Tel Aviv-based ad-tech solutions company, has become the first Israeli company to list on the larger Toronto Stock Exchange (TSX). Previously, it was listed on TSXs smaller Venture Exchange market for growth companies. Adcores stock has grown by 550% since its IPO in May 2019. The company offers ad-tech solutions that help e-commerce sites and advertisers increase customer acquisition and retention. Adcores listing on TSX gives it access to institutional and international investors, broadening its exposure to capital markets. The company will retain the same ticker symbol, ADCO.
Public Trading
2020-10-08 Press Release Adcore Announces It is Now a Facebook Marketing Partner
Adcore Inc. has obtained a preferred agency partner badge in the Facebook Marketing Partner for Agencies program. This partnership with Facebook presents new opportunities for Adcores existing client base and investors. The article highlights the rapid growth of social advertising, with projected ad revenues of CAD $97B worldwide in 2020. Adcores CEO, Omri Brill, expressed excitement about the new partnership and the value it will bring to Adcore. Adcore is a leading provider of machine-learning powered advertising technologies and is certified as a Google Premier Partner, Facebook Marketing Partner, Microsoft Partner, and TikTok Partner.
PartnersCustomers
Adcore Affirming Its Strategic Priorities & Outlook Following the COVID-19 Pandemic
Adcore Inc., a leading provider of machine-learning powered advertising technologies, affirms its strategic priorities, outlook, and steps taken following the COVID-19 pandemic. The companys global offices, except Toronto, have reopened. Adcores cash and cash equivalents reached an all-time high of $6M, positioning the company well for future growth opportunities. The company implemented cost-cutting measures, including reducing the work week to 4 days, freezing recruitments, and laying off 5% of its workforce. However, starting in June, employees will resume a 5-day work week and recruiting efforts will resume. Adcores management is optimistic about the business environment, with clients returning to normal commercial behavior. The company expects improved revenues in the coming quarters. Adcores CEO remains bullish about the companys future and believes it is well-positioned to capitalize on the trend of businesses switching to online activities.
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Adcore raises C$4.35m on Toronto Stock Exchange
Israeli ad-tech company ADCORE has raised C$4.35 million on the Toronto Stock Exchange. The company provides machine-learning powered advertising technologies and offers automated solutions for digital advertisers to enhance their Search Engine Marketing (SEM) and maximize ROI. ADCORE is a certified Google Premier Partner and serves clients worldwide. Following the IPO, ADCORE plans to open more offices worldwide, starting with Canada. The company has a significant advantage in its technology and target market, and expects to continue growing exponentially in the coming years. ADCORE employs over thirty people in Tel Aviv, Melbourne, and Winnipeg.
InvestmentPublic TradingExpand
Adtech Company Adcore Lists on Canada's TSX Venture Exchange
Adcore, an adtech company based in Tel Aviv, has made its initial public offering on Canadas TSX Venture Exchange. The company is listing 20% of its stock at a valuation of NIS 75 million ($20.75 million) and aims to raise NIS 15 million ($4.15 million). Adcore develops automated products for search engine marketing and has reported revenues of NIS 31 million ($8.58 million) in 2018. The IPO will allow Adcore to open additional offices, starting with one in Canada. The Toronto Stock Exchange sees Israel as a significant contributor to its growth strategy and Adcore is the 10th Israeli company to be listed on TSXV.
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Press Releases Archive - Digital Journal
Podium Advertising Technologies Announces the Full Release of adCore™ V3.0
Podium Ad Technologies has announced the full release of adCore™ V3.0, an online advertising technology developed for direct marketers and SEM agencies to fully automate Search Engine Marketing campaigns. The system takes marketers through the entire SEM process from automated keywords and ads creations, through campaign optimization and maximization and down to reporting and monitoring. The new version lets marketers drive more traffic to sites, lower average CPC bids through specialized optimization methods and maximize the overall campaign performance.
Customers