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BEAVERTON, Ore. - Datavault AI Inc. (NASDAQ: DVLT), a company specializing in AI-driven data experiences and monetization with a market capitalization of $56.09 million, has entered into a strategic licensing agreement with GFT Rewards. According to InvestingPro data, the company has shown impressive revenue growth of 63% over the last twelve months, though it currently operates with challenging gross margins of 17.32%. This partnership aims to revolutionize the mobile rewards landscape by deploying ADIO®-enabled, Web 3 mobile rewards across a range of distribution channels, including airports, retail chains, movie exhibitors, college campuses, and ride-hailing networks. While InvestingPro analysis indicates the company is currently trading below its Fair Value, investors should note that the company’s overall financial health score stands at 1.25, rated as ’WEAK’. For deeper insights, subscribers can access the comprehensive Pro Research Report, which provides detailed analysis of DVLT among 1,400+ US stocks.
GFT Rewards, known for its innovative approach to web 3 promotions, has partnered with notable brands such as T-Mobile, Kroger, Toshiba, and Marvel to streamline the reward and loyalty program process for retailers. The collaboration with Datavault AI leverages the latter’s ADIO® technology, which uses inaudible tones to trigger mobile reward redemptions, offering instant incentives to consumers.
Under the terms of the agreement, Datavault AI will receive a fee for every reward redemption managed through GFT’s platform with ADIO®. This system is expected to scale up across various national brands, setting a new standard for programmatic reward distribution, which includes coupons, rebates, and tokenized loyalty incentives.
The global mobile coupon market is expanding rapidly, with projections indicating a growth from $603.3 billion in 2023 to $1.6 trillion by 2030. Despite this promising market outlook, InvestingPro data reveals that Datavault AI faces significant operational challenges, with an EBITDA of -$24.04 million and rapid cash burn. InvestingPro subscribers have access to 12 additional key insights about DVLT’s financial position and market performance. This growth reflects the increasing consumer demand for digital solutions and seamless shopping experiences. The ADIO® technology supports this trend by enabling fully passive activation of rewards, which are then instantly redeemed at the point of sale.
Datavault AI’s CEO, Nathaniel Bradley, expressed confidence in the adoption velocity of this technology, as it aligns with the current shift towards real-time engagement and automated delivery of promotions. The licensing deal broadens Datavault AI’s reach in key sectors such as consumer packaged goods (CPG) and high-volume grocery retail, where there is a heightened need to demonstrate ROI on promotional spending.
The partnership between Datavault AI and GFT Rewards is expected to benefit retailers by increasing foot traffic and average basket size, while consumers enjoy the convenience of receiving tangible value without additional steps or friction. This initiative places Datavault AI at the forefront of a modernizing retail marketing environment, promising a new path for brands to integrate promotional spend with content strategy and achieve measurable sales outcomes.
This news article is based on a press release statement.
In other recent news, Datavault AI Inc. reported a 28.4% increase in revenue for fiscal year 2024, with revenues estimated at approximately $2,674,000, up from $2,083,000 in the previous year. The company also noted a significant improvement in gross profit, moving from a deficit to an expected gross profit of $376,000. However, operating expenses rose to approximately $21,514,000, and the preliminary net loss for the year is projected to be around $51,409,000. In financial dealings, Datavault AI secured $16.7 million through note offerings, with $11,111,111 from additional notes and $5,555,555 from an initial offering. The company has also amended its asset purchase agreement with CompuSystems, extending the deadline to finalize the acquisition to May 23, 2025. Furthermore, Datavault AI entered into lock-up agreements with NYIAX as part of a share exchange deal, locking up shares for periods ranging from one to four years. These developments reflect Datavault AI’s ongoing strategic financial maneuvers and partnerships.
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