VERTOZ - DRIVING INNOVATION IN DIGITAL LANDSCAPE
Company has global presence with offices in New York, London, Dubai, San Fransico etc.
Company has five data centres spread across Mumbai and Singapore with daily data processed in excess of 1.2 Petabytes
Company has recently announced its new venture into Cloudtech Sector through Strategic Merger
Vertoz received the prestigious certification as a Great Place to Work, underscoring its commitment to fostering a positive work culture and prioritizing employee well-being
FOUNDED in 2012, Vertoz, a prominent player in the ad-tech arena, and a leading provider of data-driven solutions continues to make waves with its innovative approach to digital marketing, advertising, and monetization businesses worldwide. Vertoz’s suite of products and services, including Ingeniousplex, Incrementx, Adzurite, Admozart, and Zkraft, leverages the latest technologies to drive impactful advertising campaigns and enhance monetization strategies. With a focus on data-driven insights and advanced analytics, Vertoz empowers businesses to achieve their marketing goals with precision and efficiency. Recently, Vertoz received the prestigious certification as a Great Place to Work, underscoring its commitment to fostering a positive work culture and prioritizing employee well-being. In addition to its Great Place to Work certification, Vertoz has achieved significant milestones in its business operations. Collaborations with industry leaders like Jiocoupons and the establishment of a step-down subsidiary, Performise Inc., in the US, reflect Vertoz’s commitment to strategic growth and expansion. Commenting on achieving ‘Great Place to Work’ recognition, Hirenkumar Shah, Promoter & Whole Time Director of Vertoz Advertising Ltd., conveyed, “We take pride in attaining the Great Place to Work recognition, which underscores Vertoz’s commitment to fostering a workplace environment conducive to creativity, collaboration, and employee fulfilment”.
He further talks about the company’s performance, stating, “We are pleased to report positive financial outcomes for Q3 FY24, characterized by significant growth in EBITDA and PAT.THIS achievement is a testament to the dedication and teamwork of our Vertoz colleagues, reaffirming our standing as a dynamic force in the digital advertising sector.”
Ashish Shah, Promoter & Director of Vertoz Advertising Ltd., conveyed, “With our extensive global reach and a diverse portfolio of clients, Vertoz stands poised to seize emerging opportunities in the digital realm. We are optimistic about the company’s future, underlining our dedication to innovation, excellence, and utmost customer satisfaction.” Vertoz’s listing on the National Stock Exchange (NSEI: VERTOZ) further solidifies its position as a reputable player in the market, providing investors with opportunities to participate in its growth story.
Vertoz’s innovative platforms facilitate enterprises in achieving their marketing goals and maximizing revenue streams. Anticipated innovations in ad formats and structured auction algorithms are poised to amplify revenue generation for publishers and empower advertisers to elevate audience targeting and engagement to new heights.
The company’s revenue has risen by a stunning 155.91% to Rs 55.23 Crores in Q3FY24, with EBITDA at Rs 6.05 Crores (39.30% YOY) and net profit at Rs 4.51 Crores (40.75% YOY). For 9Mfy24,company reported total sales of Rs 126.80 Crores while the EBITDA was Rs16.57 crores and PAT was Rs13.18 crores. The company's Nse-traded shares delivered a remarkable 264% return in the last year. Originally listed on NSE EMERGE in Nov 2017, it migrated to the mainboard in May 2020.
Company recently expands into Cloudtech via merger with PAYNX and Qualispace. Qualispace enhances web solutions for 8000+ businesses, while Connectreseller, an Icann-accredited entity, bolsters the over 2 million managed domain portfolios. This integration positions Vertoz as a holistic digital solutions provider, realizing its vision of Empowering the Digital Landscape.