earnings
confidence high
sentiment neutral
materiality 0.50
Viewbix Q1 2023 revenue up 2% to $20.9M; EBITDA $658K, operating loss widens
Viewbix Inc.
2023-Q1 EPS reported
-$0.03
revenue$20,862,000
- Revenue $20.9M (+2% YoY); digital content platform revenue $15.8M.
- Operating loss of $76K vs income $219K in prior year, due to $290K increase in G&A from reorganization.
- EBITDA $658K (down 18% YoY); non-GAAP net income $337K (down 9%).
- GAAP net loss -$345K vs -$149K; net cash from operations turned positive at $12K vs -$1.95M.
- CEO cites demand growth for digital content platform and EBITDA improvement in Gix Media.