View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTroika Media Group 過去の業績過去 基準チェック /06Troika Media Groupの収益は年間平均-18.4%の割合で減少していますが、 Media業界の収益は年間 増加しています。収益は年間6.7% 98.6%割合で 増加しています。主要情報-18.41%収益成長率43.09%EPS成長率Media 業界の成長13.17%収益成長率98.56%株主資本利益率n/aネット・マージン-19.49%前回の決算情報30 Sep 2023最近の業績更新Reported Earnings • Sep 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$0.79 loss per share. Revenue: US$116.4m (up US$100.2m from FY 2021). Net loss: US$38.7m (loss widened 142% from FY 2021). Revenue missed analyst estimates by 67%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Media industry in the US.Reported Earnings • Feb 16Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.094 loss per share (down from US$0.035 loss in 2Q 2021). Revenue: US$6.99m (up 57% from 2Q 2021). Net loss: US$4.11m (loss widened US$3.49m from 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 145%, compared to a 6.6% growth forecast for the industry in the US.Reported Earnings • Oct 01Full year 2021 earnings released: US$1.03 loss per share (vs US$1.35 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$16.2m (down 34% from FY 2020). Net loss: US$16.0m (loss narrowed 23% from FY 2020).Reported Earnings • Jun 05Third quarter 2021 earnings released: US$0.31 loss per share (vs US$0.51 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$3.85m (up 6.5% from 3Q 2020). Net loss: US$4.68m (loss narrowed 40% from 3Q 2020).すべての更新を表示Recent updatesお知らせ • Apr 12Troika Media Group, Inc. Files Form 15Troika Media Group, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Shares was $0.001 per share.お知らせ • Dec 08+ 1 more updateTroika Media Group, Inc. (NasdaqCM:TRKA) entered into an agreement to acquire All assets of the Blue Torch Finance LLC.Troika Media Group, Inc. (NasdaqCM:TRKA) entered into an agreement to acquire All assets of the Blue Torch Finance LLC on December 7, 2023. The Company is seeking approval of the proposed stalking horse credit bid pursuant to section 363 of the United States Bankruptcy Code. Willkie Farr & Gallagher LLP is acting as legal counsel to Troika. Jefferies LLC and Areté Capital Partners are serving as the Company's investment banker and financial adviser, respectively. King & Spalding LLP and Ankura Consulting Group, LLC are serving as legal counsel and financial advisor, respectively, to Blue Torch as collateral agent and administrative agent and to its affiliated secured lenders.お知らせ • Dec 07+ 1 more updateMotion for Joint Administration Filed by Troika Media Group, Inc.Troika Media Group, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on December 7, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, CD Acquisition Corp., Converge Direct Interactive, LLC, Converge Direct, LLC, Lacuna Ventures, LLC, Mission Media USA, Inc., MissionCulture LLC, Troika Design Group, Inc., Troika IO, Inc., Troika Mission Worldwide, Inc., Troika Production Group, LLC, Troika Services, Inc., and Troika-Mission Holdings, Inc., with its own case for administrative and procedural purposes. Troika Media Group, Inc. has been proposed as the lead debtor.お知らせ • Nov 21Troika Media Group Receives Non-Compliance Notice From NasdaqOn November 17, 2023, Troika Media Group, Inc. (the “Company”) received a delinquency notification letter from Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Form 10-Q”). According to the letter from Nasdaq, the Company must submit a plan of compliance (the “Plan”) within sixty (60) days addressing how it intends to regain compliance with Nasdaq’s listing rules or otherwise file the Form 10-Q before the expiration of such sixty (60) day period.お知らせ • Nov 15Troika Media Group, Inc. announced delayed 10-Q filingOn 11/14/2023, Troika Media Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Nov 01+ 1 more updateTroika Media Group, Inc., Annual General Meeting, Dec 15, 2023Troika Media Group, Inc., Annual General Meeting, Dec 15, 2023, at 10:00 US Eastern Standard Time. Agenda: To elect the six nominees named in the proxy statement to the board of directors; to ratify the appointment of rbsm, llp as company's independent registered public accounting firm for 2023; to conduct a non-binding advisory vote on the compensation of company's named executive officers; and to conduct a non-binding advisory vote to determine whether future stockholder advisory votes on the compensation of company's named executive officers should occur either every one, two or three years.お知らせ • Oct 26Troika Media Group, Inc. Resigns Grant Lyon as Member of the Board of DirectorsOn October 25, 2023, Grant Lyon resigned as a member of the Board of Directors of the Troika Media Group, Inc. (the “Board”). Mr. Lyon will remain in his role as Interim Chief Executive Officer of the Company, and will continue to work closely with the Board and attend Board and Committee meetings as needed in his capacity as Interim Chief Executive Officer. Mr. Lyon’s resignation from the Board was not related to any disagreement on any matter related to the Company’s operations, policies, or practices.お知らせ • Aug 25Troika Media Group Announces Receipt of Delinquency Notification Letter from NasdaqOn August 24, 2023, Troika Media Group, Inc. announced that it received a delinquency notification letter from Nasdaq on August 22, 2023 stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the Form 10-Q’). Nasdaq has informed the Company that the Company must submit a plan of compliance (the Plan’) within sixty (60) days addressing how it intends to regain compliance with Nasdaq's listing rules or otherwise file the Form 10-Q before the expiration of such sixty (60) day period. The Company will continue to work diligently to complete and file its Form 10-Q as soon as practicable and, if applicable, will work diligently to submit the Plan promptly and take the necessary steps to regain compliance as soon as practicable.お知らせ • Aug 17Troika Media Group, Inc. announced delayed 10-Q filingOn 08/15/2023, Troika Media Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Jun 23Troika Media Group Regains Compliance with the Nasdaq's Minimum Bid Price RuleOn June 20, 2023, the Listing Qualifications Department of The Nasdaq Stock Market (‘Nasdaq’) notified Troika Media Group, Inc. (the ‘Company’) that the Company had regained compliance with the Minimum Bid Price Rule based on the closing bid price of the Company’s common stock having been at $1.00 per share or greater for 10 consecutive business days. The Staff’s notification indicated that this matter is now closed. As previously disclosed, on May 16, 2023, the company received a Staff Delisting Determination (the ‘Staff Determination’) from the Listing Qualifications Department of The Nasdaq Stock Market (‘Nasdaq’) indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the ‘Minimum Bid Price Rule’).お知らせ • Jun 02Troika Media Group Declares 1-for-25 Ratio for Reverse Stock Split to Satisfy the Minimum Bid Price Requirement for Continued Listing on The NASDAQ Capital MarketOn May 31, 2023, Troika Media Group, Inc. announced that it will effect a 1-for-25 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on June 1, 2023. The reverse stock split was previously approved by the board of directors of the company in accordance with Nevada law, under which no stockholder approval is required, and is intended to increase the per share trading price of the company’s common stock to satisfy the $1.00 minimum bid price requirement for continued listing on The NASDAQ Capital Market (Rule 5550(a)(1)). The company’s common stock will continue to trade on the NASDAQ Capital Market under the symbol "TRKA". As a result of the reverse stock split, every 25 pre-split shares of common stock outstanding will become one share of common stock. The reverse stock split will also proportionately reduce the number of shares of authorized common stock from 800,000,000 to 32,000,000. The reverse split will also apply to common stock issuable upon the exercise of TMG's outstanding warrants, convertible securities, RSUs and stock options.お知らせ • May 19Troika Media Group Announces Receipt of Staff Delisting Determination from Nasdaq Regarding Non-Compliance with Minimum Bid Price RuleTroika Media Group, Inc. announced receipt of a Staff Delisting Determination (the ‘Staff Determination’) from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (‘Nasdaq’). The Company was notified that Nasdaq has determined to delist the Company's securities from the Nasdaq Capital Market for failure to maintain a minimum bid price of $1.00 per share for thirty consecutive business days in accordance with Nasdaq Listing Rule 5550(a)(2) (the ‘Minimum Bid Price Rule’). The Company intends to appeal the Staff Determination by requesting a hearing (the ‘Hearing’) before a Nasdaq Hearings Panel (the ‘Panel’) to seek continued listing pending its return to compliance with the Minimum Bid Price Rule. The Hearing request will stay the delisting of the Company's securities pending the Panel's decision. According to the Staff Determination, hearings are typically scheduled to occur approximately 30-45 days after the date of a company's hearing request. As part of the plan to regain compliance with the Minimum Bid Price Rule, the Company intends to conduct a reverse stock split as soon as reasonably practicable, subject to applicable law and Nasdaq rules. The Company shall announce details of the reverse stock split in the coming days. Prior to March 31, 2023, the Company was prohibited from engaging in a reverse stock split under the terms of the agreements pursuant to which its Series E Preferred Stock was issued. As disclosed in the Company's public filings, effective March 31, 2023, the Company and the requisite parties to such agreements agreed to terminate those restrictions. Accordingly, the Company is now able to, and intends to, conduct a reverse stock split in order to regain compliance with the Minimum Bid Price Rule, subject to applicable law and Nasdaq rules. ‘Notwithstanding the Company's strong financial and operational performance amidst a major restructuring over the past year, our stock price continues to be depressed and severely undervalued, and unreflective of the Company's strong foundation as we head into what are historically the Company's most productive performance months in the middle of the year. The Company has decided to enact a reverse stock split to enhance shareholder value and further position the Company for long-term success. We also believe that having fewer shares in the public float may help deter improper trading activities such as short selling which is a topic of concern in today's market,’ said the Company's Chief Executive Officer, Sid Toama. ‘We believe the per-share market price will make the Company more desirable to a broader audience of institutional investors and brokerage firms who have been restricted from participating in a stock like TMG due to its price level.’ said Randall Miles, Chairman of the Board of Directors. ‘The preservation of the Company's listing with Nasdaq is critical to allow the Company to continue its growth trajectory and to build on our collaboration with Jefferies LLC to optimize the Company's balance sheet and address its legacy capital structure, including redeeming its senior secured debt and to execute on strategic opportunities,’ added Mr. Miles. The Company believes effecting the reverse stock split and maintaining its Nasdaq listing will also help facilitate completing a suitable transaction to reduce its debt service costs and optimize its capital structure, which, as previously disclosed, the Company continues to pursue. As previously announced, the Company's engagement with Jefferies LLC as its exclusive investment banking firm has yielded interest from several bidders as part of the process which the Company continues to evaluate. The Company has the ability to execute one or more transactions to optimize the Company's capital structure, improve its balance sheet and reduce its debt servicing having undergone a transformative period since the acquisition of Converge Direct in March 2022. There can be no assurance that the Panel will determine to continue to allow the listing of the Company's securities on the Nasdaq Capital Market, or that the Company will consummate a reverse stock split or any other transaction, including a refinancing or sale transaction, and on what terms.Reported Earnings • Sep 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$0.79 loss per share. Revenue: US$116.4m (up US$100.2m from FY 2021). Net loss: US$38.7m (loss widened 142% from FY 2021). Revenue missed analyst estimates by 67%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Media industry in the US.Seeking Alpha • Sep 29Troika Media reports Q4 resultsTroika Media press release (NASDAQ:TRKA): Q4 Net loss of $18.05M Revenue of $85.38M vs $3.75M in prior year. Shares +5.4% PM.Board Change • Aug 17High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Director Tom Ochocki is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Marty Pompadur was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 16Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.094 loss per share (down from US$0.035 loss in 2Q 2021). Revenue: US$6.99m (up 57% from 2Q 2021). Net loss: US$4.11m (loss widened US$3.49m from 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 145%, compared to a 6.6% growth forecast for the industry in the US.Board Change • Dec 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Marty Pompadur was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Seeking Alpha • Oct 22Troika's Blockchain Is The Secret Sauce Of Its Significant Upside PotentialTroika Media Group, Inc. is a strategic brand consultancy with deep expertise in entertainment media, sports, consumer goods, and service brands. TRKA claims to be working or have worked for Amazon, Allergan, Lulumemon, Coty, Nike, and Sony. From 2020 to 2021, the cash in hand increased by more than 600%. In my opinion, investors are giving the company cash in hand to further acquire new business models. With experts foreseeing that the Blockchain market will grow at a CAGR of 82.4% from 2021 to 2028, I expect Troika to report significant sales growth. If the company’s NFT technology is moderately successful, I would expect sales growth to be close to 10%-25% from 2023 to 2030. The company’s CFO margin is also close to 7.5%-8.5%.Reported Earnings • Oct 01Full year 2021 earnings released: US$1.03 loss per share (vs US$1.35 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$16.2m (down 34% from FY 2020). Net loss: US$16.0m (loss narrowed 23% from FY 2020).お知らせ • Aug 12Troika Media and Pac-12 Networks Announce 2021 Network RebrandTroika Media Group, Inc. launched a rebrand in partnership with the Pac-12 Networks, designed to inspire Pac-12 fans, unify the brand across multiple platforms and highlight the unique natural surroundings associated with the Pac-12 group of universities. Pac-12 Networks is the content arm of the Pac-12 Conference, providing a home for 12 schools and over 1,000 student-athletes. The rebrand will roll out across Pac-12 Networks’ linear and digital platforms throughout the coming weeks leading up to the 2021 football season, including broadcast, digital, social, Out-of-Home and in-stadium assets. Pac-12 Network’s New Brand: TMG was chosen by Pac-12 Networks because of its proven sports brand-building expertise and deep understanding of the unique regionality of sports fans. Working with Pac-12 Networks and their creative team, led by Creative Director Brandon Bautista, TMG helped tell the authentic story of a collegiate athletic conference nicknamed the "Conference of Champions", having won more NCAA national championships in team sports than any other conference in history. The Conference’s member schools are located in the states of Arizona, California, Colorado, Oregon, Utah and Washington and the rebrand takes advantage of these western states’ abundant natural beauty, highlighting the power of nature in motion to showcase the bold, energetic and forward-looking culture of the Pac-12 and the Western region. The new look is designed to inspire fans and elevate their experience through the unique vitality and spirit of every Pac-12 university. Working with Pac-12 Networks, TMG’s rebranding included the following: Brand strategy, including positioning, personality and brand essence; On-air Network IDs, live event packaging, show packaging, unique school-by-school brand and player assets; Brand tool kits to unite the brand across every touchpoint; Image spots to announce the new brand both on Network and everywhere the Pac-12 plays; and Imagery from all of the regions in which the Pac-12 lives - ocean, desert, forest and mountains.Reported Earnings • Jun 05Third quarter 2021 earnings released: US$0.31 loss per share (vs US$0.51 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$3.85m (up 6.5% from 3Q 2020). Net loss: US$4.68m (loss narrowed 40% from 3Q 2020).お知らせ • May 26Troika Media Group, Inc. (NasdaqCM:TRKA) entered into agreement to acquire Substantially all of the assets and certain liabilities of Redeeem, LLC for $12.3 million.Troika Media Group, Inc. (NasdaqCM:TRKA) entered into agreement to acquire Substantially all of the assets and certain liabilities of Redeeem, LLC for $12.3 million on May 21, 2021. Under the terms of the transaction, consideration is payable as $1.21 million in cash and $10.89 million of Troika common stock that vests over three years from the Closing and the assumption by Troika of approximately $165,000 in specified Redeeem liabilities. The transaction includes asset purchase of Redeeem and associated intellectual property and know how. Troika Media Group is adding 10 new employees in the purchase of Redeeem, including Kyle Hil, Founder and Chief Executive Officer of Redeem and Troika Media Group, Inc. (NasdaqCM:TRKA) entered into agreement to acquire Substantially all of the assets and certain liabilities of Redeeem, LLC for $12.3 million will hire Redeeem employees with budget compensation for $1,304,000 for the for the next twelve months. Osler, Hoskin & Harcourt LLP acted as legal advisor to Redeeem, LLC. Davidoff Hutcher & Citron LLP acted as legal advisor to Troika Media Group, Inc. Troika Media Group, Inc. (NasdaqCM:TRKA) completed the acquisition of Substantially all of the assets and certain liabilities of Redeeem, LLC on May 24, 2021.収支内訳Troika Media Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史OTCPK:TRKA.Q 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Sep 23327-6437030 Jun 23392-737031 Mar 23419-1339031 Dec 22376-1945030 Sep 22228-3546030 Jun 22116-3943031 Mar 2235-2741031 Dec 2123-1830030 Sep 2120-1427030 Jun 2116-1625031 Mar 2116-1521031 Dec 2016-1820030 Sep 2021-2023030 Jun 2025-2125031 Mar 2031-2227030 Jun 1941-1330030 Jun 189-1213030 Jun 171-33031 Dec 1511-2729030 Sep 1521-7331030 Jun 1519-6624031 Mar 1517-5917031 Dec 1411-910031 Dec 1315-8100質の高い収益: TRKA.Qは現在利益が出ていません。利益率の向上: TRKA.Qは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: TRKA.Qは利益が出ておらず、過去 5 年間で損失は年間18.4%の割合で増加しています。成長の加速: TRKA.Qの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: TRKA.Qは利益が出ていないため、過去 1 年間の収益成長をMedia業界 ( 5% ) と比較することは困難です。株主資本利益率高いROE: TRKA.Qの負債は資産を上回っているため、自己資本利益率を計算することは困難です。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMedia 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2024/04/09 20:31終値2024/04/09 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Troika Media Group, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Benjamin PiggottD. Boral Capital LLC.
Reported Earnings • Sep 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$0.79 loss per share. Revenue: US$116.4m (up US$100.2m from FY 2021). Net loss: US$38.7m (loss widened 142% from FY 2021). Revenue missed analyst estimates by 67%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Media industry in the US.
Reported Earnings • Feb 16Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.094 loss per share (down from US$0.035 loss in 2Q 2021). Revenue: US$6.99m (up 57% from 2Q 2021). Net loss: US$4.11m (loss widened US$3.49m from 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 145%, compared to a 6.6% growth forecast for the industry in the US.
Reported Earnings • Oct 01Full year 2021 earnings released: US$1.03 loss per share (vs US$1.35 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$16.2m (down 34% from FY 2020). Net loss: US$16.0m (loss narrowed 23% from FY 2020).
Reported Earnings • Jun 05Third quarter 2021 earnings released: US$0.31 loss per share (vs US$0.51 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$3.85m (up 6.5% from 3Q 2020). Net loss: US$4.68m (loss narrowed 40% from 3Q 2020).
お知らせ • Apr 12Troika Media Group, Inc. Files Form 15Troika Media Group, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Shares was $0.001 per share.
お知らせ • Dec 08+ 1 more updateTroika Media Group, Inc. (NasdaqCM:TRKA) entered into an agreement to acquire All assets of the Blue Torch Finance LLC.Troika Media Group, Inc. (NasdaqCM:TRKA) entered into an agreement to acquire All assets of the Blue Torch Finance LLC on December 7, 2023. The Company is seeking approval of the proposed stalking horse credit bid pursuant to section 363 of the United States Bankruptcy Code. Willkie Farr & Gallagher LLP is acting as legal counsel to Troika. Jefferies LLC and Areté Capital Partners are serving as the Company's investment banker and financial adviser, respectively. King & Spalding LLP and Ankura Consulting Group, LLC are serving as legal counsel and financial advisor, respectively, to Blue Torch as collateral agent and administrative agent and to its affiliated secured lenders.
お知らせ • Dec 07+ 1 more updateMotion for Joint Administration Filed by Troika Media Group, Inc.Troika Media Group, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on December 7, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, CD Acquisition Corp., Converge Direct Interactive, LLC, Converge Direct, LLC, Lacuna Ventures, LLC, Mission Media USA, Inc., MissionCulture LLC, Troika Design Group, Inc., Troika IO, Inc., Troika Mission Worldwide, Inc., Troika Production Group, LLC, Troika Services, Inc., and Troika-Mission Holdings, Inc., with its own case for administrative and procedural purposes. Troika Media Group, Inc. has been proposed as the lead debtor.
お知らせ • Nov 21Troika Media Group Receives Non-Compliance Notice From NasdaqOn November 17, 2023, Troika Media Group, Inc. (the “Company”) received a delinquency notification letter from Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Form 10-Q”). According to the letter from Nasdaq, the Company must submit a plan of compliance (the “Plan”) within sixty (60) days addressing how it intends to regain compliance with Nasdaq’s listing rules or otherwise file the Form 10-Q before the expiration of such sixty (60) day period.
お知らせ • Nov 15Troika Media Group, Inc. announced delayed 10-Q filingOn 11/14/2023, Troika Media Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 01+ 1 more updateTroika Media Group, Inc., Annual General Meeting, Dec 15, 2023Troika Media Group, Inc., Annual General Meeting, Dec 15, 2023, at 10:00 US Eastern Standard Time. Agenda: To elect the six nominees named in the proxy statement to the board of directors; to ratify the appointment of rbsm, llp as company's independent registered public accounting firm for 2023; to conduct a non-binding advisory vote on the compensation of company's named executive officers; and to conduct a non-binding advisory vote to determine whether future stockholder advisory votes on the compensation of company's named executive officers should occur either every one, two or three years.
お知らせ • Oct 26Troika Media Group, Inc. Resigns Grant Lyon as Member of the Board of DirectorsOn October 25, 2023, Grant Lyon resigned as a member of the Board of Directors of the Troika Media Group, Inc. (the “Board”). Mr. Lyon will remain in his role as Interim Chief Executive Officer of the Company, and will continue to work closely with the Board and attend Board and Committee meetings as needed in his capacity as Interim Chief Executive Officer. Mr. Lyon’s resignation from the Board was not related to any disagreement on any matter related to the Company’s operations, policies, or practices.
お知らせ • Aug 25Troika Media Group Announces Receipt of Delinquency Notification Letter from NasdaqOn August 24, 2023, Troika Media Group, Inc. announced that it received a delinquency notification letter from Nasdaq on August 22, 2023 stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the Form 10-Q’). Nasdaq has informed the Company that the Company must submit a plan of compliance (the Plan’) within sixty (60) days addressing how it intends to regain compliance with Nasdaq's listing rules or otherwise file the Form 10-Q before the expiration of such sixty (60) day period. The Company will continue to work diligently to complete and file its Form 10-Q as soon as practicable and, if applicable, will work diligently to submit the Plan promptly and take the necessary steps to regain compliance as soon as practicable.
お知らせ • Aug 17Troika Media Group, Inc. announced delayed 10-Q filingOn 08/15/2023, Troika Media Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Jun 23Troika Media Group Regains Compliance with the Nasdaq's Minimum Bid Price RuleOn June 20, 2023, the Listing Qualifications Department of The Nasdaq Stock Market (‘Nasdaq’) notified Troika Media Group, Inc. (the ‘Company’) that the Company had regained compliance with the Minimum Bid Price Rule based on the closing bid price of the Company’s common stock having been at $1.00 per share or greater for 10 consecutive business days. The Staff’s notification indicated that this matter is now closed. As previously disclosed, on May 16, 2023, the company received a Staff Delisting Determination (the ‘Staff Determination’) from the Listing Qualifications Department of The Nasdaq Stock Market (‘Nasdaq’) indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the ‘Minimum Bid Price Rule’).
お知らせ • Jun 02Troika Media Group Declares 1-for-25 Ratio for Reverse Stock Split to Satisfy the Minimum Bid Price Requirement for Continued Listing on The NASDAQ Capital MarketOn May 31, 2023, Troika Media Group, Inc. announced that it will effect a 1-for-25 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on June 1, 2023. The reverse stock split was previously approved by the board of directors of the company in accordance with Nevada law, under which no stockholder approval is required, and is intended to increase the per share trading price of the company’s common stock to satisfy the $1.00 minimum bid price requirement for continued listing on The NASDAQ Capital Market (Rule 5550(a)(1)). The company’s common stock will continue to trade on the NASDAQ Capital Market under the symbol "TRKA". As a result of the reverse stock split, every 25 pre-split shares of common stock outstanding will become one share of common stock. The reverse stock split will also proportionately reduce the number of shares of authorized common stock from 800,000,000 to 32,000,000. The reverse split will also apply to common stock issuable upon the exercise of TMG's outstanding warrants, convertible securities, RSUs and stock options.
お知らせ • May 19Troika Media Group Announces Receipt of Staff Delisting Determination from Nasdaq Regarding Non-Compliance with Minimum Bid Price RuleTroika Media Group, Inc. announced receipt of a Staff Delisting Determination (the ‘Staff Determination’) from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (‘Nasdaq’). The Company was notified that Nasdaq has determined to delist the Company's securities from the Nasdaq Capital Market for failure to maintain a minimum bid price of $1.00 per share for thirty consecutive business days in accordance with Nasdaq Listing Rule 5550(a)(2) (the ‘Minimum Bid Price Rule’). The Company intends to appeal the Staff Determination by requesting a hearing (the ‘Hearing’) before a Nasdaq Hearings Panel (the ‘Panel’) to seek continued listing pending its return to compliance with the Minimum Bid Price Rule. The Hearing request will stay the delisting of the Company's securities pending the Panel's decision. According to the Staff Determination, hearings are typically scheduled to occur approximately 30-45 days after the date of a company's hearing request. As part of the plan to regain compliance with the Minimum Bid Price Rule, the Company intends to conduct a reverse stock split as soon as reasonably practicable, subject to applicable law and Nasdaq rules. The Company shall announce details of the reverse stock split in the coming days. Prior to March 31, 2023, the Company was prohibited from engaging in a reverse stock split under the terms of the agreements pursuant to which its Series E Preferred Stock was issued. As disclosed in the Company's public filings, effective March 31, 2023, the Company and the requisite parties to such agreements agreed to terminate those restrictions. Accordingly, the Company is now able to, and intends to, conduct a reverse stock split in order to regain compliance with the Minimum Bid Price Rule, subject to applicable law and Nasdaq rules. ‘Notwithstanding the Company's strong financial and operational performance amidst a major restructuring over the past year, our stock price continues to be depressed and severely undervalued, and unreflective of the Company's strong foundation as we head into what are historically the Company's most productive performance months in the middle of the year. The Company has decided to enact a reverse stock split to enhance shareholder value and further position the Company for long-term success. We also believe that having fewer shares in the public float may help deter improper trading activities such as short selling which is a topic of concern in today's market,’ said the Company's Chief Executive Officer, Sid Toama. ‘We believe the per-share market price will make the Company more desirable to a broader audience of institutional investors and brokerage firms who have been restricted from participating in a stock like TMG due to its price level.’ said Randall Miles, Chairman of the Board of Directors. ‘The preservation of the Company's listing with Nasdaq is critical to allow the Company to continue its growth trajectory and to build on our collaboration with Jefferies LLC to optimize the Company's balance sheet and address its legacy capital structure, including redeeming its senior secured debt and to execute on strategic opportunities,’ added Mr. Miles. The Company believes effecting the reverse stock split and maintaining its Nasdaq listing will also help facilitate completing a suitable transaction to reduce its debt service costs and optimize its capital structure, which, as previously disclosed, the Company continues to pursue. As previously announced, the Company's engagement with Jefferies LLC as its exclusive investment banking firm has yielded interest from several bidders as part of the process which the Company continues to evaluate. The Company has the ability to execute one or more transactions to optimize the Company's capital structure, improve its balance sheet and reduce its debt servicing having undergone a transformative period since the acquisition of Converge Direct in March 2022. There can be no assurance that the Panel will determine to continue to allow the listing of the Company's securities on the Nasdaq Capital Market, or that the Company will consummate a reverse stock split or any other transaction, including a refinancing or sale transaction, and on what terms.
Reported Earnings • Sep 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$0.79 loss per share. Revenue: US$116.4m (up US$100.2m from FY 2021). Net loss: US$38.7m (loss widened 142% from FY 2021). Revenue missed analyst estimates by 67%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Media industry in the US.
Seeking Alpha • Sep 29Troika Media reports Q4 resultsTroika Media press release (NASDAQ:TRKA): Q4 Net loss of $18.05M Revenue of $85.38M vs $3.75M in prior year. Shares +5.4% PM.
Board Change • Aug 17High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Director Tom Ochocki is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Marty Pompadur was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 16Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.094 loss per share (down from US$0.035 loss in 2Q 2021). Revenue: US$6.99m (up 57% from 2Q 2021). Net loss: US$4.11m (loss widened US$3.49m from 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 145%, compared to a 6.6% growth forecast for the industry in the US.
Board Change • Dec 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Marty Pompadur was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Seeking Alpha • Oct 22Troika's Blockchain Is The Secret Sauce Of Its Significant Upside PotentialTroika Media Group, Inc. is a strategic brand consultancy with deep expertise in entertainment media, sports, consumer goods, and service brands. TRKA claims to be working or have worked for Amazon, Allergan, Lulumemon, Coty, Nike, and Sony. From 2020 to 2021, the cash in hand increased by more than 600%. In my opinion, investors are giving the company cash in hand to further acquire new business models. With experts foreseeing that the Blockchain market will grow at a CAGR of 82.4% from 2021 to 2028, I expect Troika to report significant sales growth. If the company’s NFT technology is moderately successful, I would expect sales growth to be close to 10%-25% from 2023 to 2030. The company’s CFO margin is also close to 7.5%-8.5%.
Reported Earnings • Oct 01Full year 2021 earnings released: US$1.03 loss per share (vs US$1.35 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$16.2m (down 34% from FY 2020). Net loss: US$16.0m (loss narrowed 23% from FY 2020).
お知らせ • Aug 12Troika Media and Pac-12 Networks Announce 2021 Network RebrandTroika Media Group, Inc. launched a rebrand in partnership with the Pac-12 Networks, designed to inspire Pac-12 fans, unify the brand across multiple platforms and highlight the unique natural surroundings associated with the Pac-12 group of universities. Pac-12 Networks is the content arm of the Pac-12 Conference, providing a home for 12 schools and over 1,000 student-athletes. The rebrand will roll out across Pac-12 Networks’ linear and digital platforms throughout the coming weeks leading up to the 2021 football season, including broadcast, digital, social, Out-of-Home and in-stadium assets. Pac-12 Network’s New Brand: TMG was chosen by Pac-12 Networks because of its proven sports brand-building expertise and deep understanding of the unique regionality of sports fans. Working with Pac-12 Networks and their creative team, led by Creative Director Brandon Bautista, TMG helped tell the authentic story of a collegiate athletic conference nicknamed the "Conference of Champions", having won more NCAA national championships in team sports than any other conference in history. The Conference’s member schools are located in the states of Arizona, California, Colorado, Oregon, Utah and Washington and the rebrand takes advantage of these western states’ abundant natural beauty, highlighting the power of nature in motion to showcase the bold, energetic and forward-looking culture of the Pac-12 and the Western region. The new look is designed to inspire fans and elevate their experience through the unique vitality and spirit of every Pac-12 university. Working with Pac-12 Networks, TMG’s rebranding included the following: Brand strategy, including positioning, personality and brand essence; On-air Network IDs, live event packaging, show packaging, unique school-by-school brand and player assets; Brand tool kits to unite the brand across every touchpoint; Image spots to announce the new brand both on Network and everywhere the Pac-12 plays; and Imagery from all of the regions in which the Pac-12 lives - ocean, desert, forest and mountains.
Reported Earnings • Jun 05Third quarter 2021 earnings released: US$0.31 loss per share (vs US$0.51 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$3.85m (up 6.5% from 3Q 2020). Net loss: US$4.68m (loss narrowed 40% from 3Q 2020).
お知らせ • May 26Troika Media Group, Inc. (NasdaqCM:TRKA) entered into agreement to acquire Substantially all of the assets and certain liabilities of Redeeem, LLC for $12.3 million.Troika Media Group, Inc. (NasdaqCM:TRKA) entered into agreement to acquire Substantially all of the assets and certain liabilities of Redeeem, LLC for $12.3 million on May 21, 2021. Under the terms of the transaction, consideration is payable as $1.21 million in cash and $10.89 million of Troika common stock that vests over three years from the Closing and the assumption by Troika of approximately $165,000 in specified Redeeem liabilities. The transaction includes asset purchase of Redeeem and associated intellectual property and know how. Troika Media Group is adding 10 new employees in the purchase of Redeeem, including Kyle Hil, Founder and Chief Executive Officer of Redeem and Troika Media Group, Inc. (NasdaqCM:TRKA) entered into agreement to acquire Substantially all of the assets and certain liabilities of Redeeem, LLC for $12.3 million will hire Redeeem employees with budget compensation for $1,304,000 for the for the next twelve months. Osler, Hoskin & Harcourt LLP acted as legal advisor to Redeeem, LLC. Davidoff Hutcher & Citron LLP acted as legal advisor to Troika Media Group, Inc. Troika Media Group, Inc. (NasdaqCM:TRKA) completed the acquisition of Substantially all of the assets and certain liabilities of Redeeem, LLC on May 24, 2021.