NJ TECH CORNER: SITO Mobile, LTD.
Company Overview
SITO Mobile Ltd. (NASDAQ: SITO) is a provider of proprietary location-based marketing intelligence platform to provide advertisement delivery, measurement and attribution services, and consumer insights to brands, advertising agencies, out-of-house advertisers, media companies, and non-media companies that use consumer insights for strategic decision marketing purposes. Founded in 2000, the Jersey City-based company has a workforce of 88 employees.
Investment & Financial Information
|
Shares of common stock outstanding: |
21,950,460 |
|
Share price of stock ( as of June 22, 2018 ) |
$2.80 |
|
Share price of stock (one year ago) |
$3.64 |
|
Current valuation (as of June 22, 2018) |
$61.46 million |
|
Valuation one year ago |
$75.28 million |
|
Stock Symbol: |
NASDAQ: SITO |
|
Q1 Revenues (ended March 31, 2018) |
$11.1 million |
|
Q1 Revenues (previous year) |
$6.5 million |
|
Q1 Net Income (Loss)(ended March 31, 2018) |
($5.2 million) |
|
Q1 Net Income (Loss) (previous year) |
($3.1 million) |
Management Team
|
Name |
Age |
Title |
|
Thomas J. Pallack |
62 |
Chief Executive Officer |
|
Mark Del Priore |
40 |
Chief Financial Officer |
|
William A. Seagrave |
63 |
Chief Operating Officer |
|
Chester Petrow |
62 |
Chief Revenue Officer |
|
Michael Blanche |
31 |
Chief Technology Officer |
Board of Directors
|
Name |
Age |
Title |
|
Steven Bornstein |
65 |
Consultant, Activision Bizzard and Raine Group; former CEO, NFL Network and ESPN; former President, ABC Inc. and ABC Sports |
|
Michael Durden |
55 |
Owner and Principal Consultant, Carrington Advisory Group, LLC; Operating Director, Clear Point Investment Partners; former Senior Vice President, Experian |
|
Itzhak Fisher |
61 |
Chairman and Partner, Pereg Ventures; former Executive Vice President, former Executive Vice President, Nielsen |
|
Thomas J. Pallack |
62 |
Chief Executive Officer, C-Founder, CEO and Head of Sales, SBV Solutions-Strategic Business Velocity |
|
Karen Seminara Patton |
45 |
Chief Financial Officer, Nickelodeon; former CFO, Bravo; former Vice President of Finance, NBC Universal |
|
Brent Rosenthal |
45 |
Founder, Mountain Hawk Capital Partners, LLC: Board of Directors Member, comScore and Rice Bran Technologies; Special Advisor to Board of Directors, Park City Group |
Noteworthy Control
|
Name |
Shares of common stock owned |
% of total common shares |
|
Nicole Braun |
1,947,167 |
8.9 % |
[All information for NJ Tech Corner was taken from the company’s annual reports and proxy statements and other company sources, with the exception of the company’s stock price and valuation.]
