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Last $0.78 USD
Change Today -0.0199 / -2.49%
Volume 7.8K
ACLZ On Other Exchanges
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

accelerize inc (ACLZ) Snapshot

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52 Week High
06/23/15 - $1.99
52 Week Low
08/24/15 - $0.77
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accelerize inc (ACLZ) Details

Accelerize Inc. provides software solutions for businesses to enhance their digital advertising spend in the United States, Europe, and internationally. It owns and operates CAKE, a software-as-a-service (SaaS) enterprise platform, which provides online tracking, reporting, lead distribution, and analytics solutions for advertisers, online marketers, affiliate marketers, and lead generators. The company’s enterprise solution delivers marketing intelligence across the digital channels with tracking and attribution for display mobile, retail, lead generation, and affiliate. Its products include CAKE for Networks, a marketing solution for affiliate networks; and CAKE for Advertisers, a SaaS solution that enables brand advertisers to unify the tracking, attribution, and optimization of digital marketing spend across search, display, email, video, social, affiliate, and other marketing channels. The company was formerly known as Accelerize New Media, Inc. and changed its name to Accelerize Inc. in October 2014. Accelerize Inc. was founded in 2001 and is headquartered in Newport Beach, California.

97 Employees
Last Reported Date: 03/19/15
Founded in 2001

accelerize inc (ACLZ) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $283.3K
Chief Financial Officer
Total Annual Compensation: $283.3K
Chief Operating Officer and President of Cake...
Total Annual Compensation: $226.4K
Chief Technology Officer
Total Annual Compensation: $283.3K
General Counsel and Secretary
Total Annual Compensation: $277.0K
Compensation as of Fiscal Year 2014.

accelerize inc (ACLZ) Key Developments

Accelerize Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Full Year 2015

Accelerize Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $5,465,824 compared to $3,906,409 a year ago. Operating loss was $1,718,414 compared to $711,419 a year ago. Net loss was $1,759,920 compared to $706,487 a year ago. LBITDA was $1,321,135 against $385,245 a year ago. Adjusted LBITDA was $831,186 against $241,037 a year ago. Revenue growth was largely driven by a 16% increase in the average number of customers and a 14% increase in average revenue per customer year-over-year. The loss was largely attributed to a $514,000 increase in sales and marketing expenses to drive customer growth, a $784,000 increase in general and administrative expenses to bolster its management and support staff, and a $726,000 increase in ongoing research and development expenses to foster product innovation, partially offset by a $1.6 million increase in revenue. For six months, the company reported revenue of $10,665,486 compared to $7,333,606 a year ago. Operating loss was $3,300,270 compared to $1,075,724 a year ago. Net loss was $3,354,142 compared to $1,074,101 a year ago. LBITDA was $2,472,710 against $495,823 a year ago. Adjusted LBITDA was $1,346,095 against $207,838 a year ago. Net cash used in operating activities was $1,855,093 against $771,667 a year ago. Capital expenditures were $115,473 against $186,997 a year ago. For 2015, the company expects the growth in expenses to moderate and decline as a percentage of revenue.

Cake Announces Partnership and Integration with Payability

Accelerize and its division CAKE announced a technology and marketing partnership with Payability that provides both the capital and technology to enable digital marketplaces and networks to accelerate payments to their affiliates and publishers in more than 100 countries. Bringing together CAKE's SaaS marketing software and Payability's early-payment programs, the new integration enables CAKE's clients to pay their affiliates faster increasing cash flow, in order to fund user acquisition and help business growth. In addition, the alliance with Payability further extends CAKE's rapidly expanding ecosystem of partners via CAKE Connect. Payability partners with marketplaces to enable early-payment programs for their suppliers, including app developers, publishers and content creators. Offering the capital and the platform to marketplaces, Payability offers daily and weekly payments to their suppliers. These suppliers are able to immediately invest, growing their business often through user acquisition, app development, and hiring. Publishers, networks and other affiliate program managers leveraging CAKE are now able to offer their affiliates advanced payments through Payability.

CAKE by Accelerize Empowers Digital Marketing Agency with Performance-Based Insights to Help Drive Business Growth

Accelerize and its digital marketing software division CAKE announced that Direct Agents has leveraged CAKE's SaaS solution to power the company's performance marketing programs including its lead generation and affiliate marketing efforts. Direct Agents is a New York City-based agency that offers advertisers the ability to engage and target consumers across multiple acquisition channels including programmatic, search, email, mobile, display and social. With CAKE, Direct Agents can pinpoint exactly where digital traffic is coming from, providing clients with granular insight into their performance marketing programs across digital channels.


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