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CloudCommerce, Inc. (CLWD)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.0218-0.0003 (-1.14%)
At close: 3:58PM EDT
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Previous Close0.0220
Open0.0230
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0215 - 0.0230
52 Week Range0.0014 - 0.1850
Volume2,694,915
Avg. Volume9,898,914
Market Cap21.423M
Beta (5Y Monthly)-2.99
PE Ratio (TTM)N/A
EPS (TTM)-0.0180
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    CloudCommerce Adds Digital Audio to Its Artificial Intelligence (AI) Advertising Solution

    The Company’s AI-driven SWARM solution will include Audacy’s programmatic audio ad capability of reaching over 170 million consumers each monthSAN ANTONIO, May 12, 2021 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a technology driven provider of digital advertising solutions, today announced that SWARM, the Company’s AI-driven advertising solution, will now include programmatic audio ads reaching over 170 million consumers each month provided by Audacy, Inc. Audacy, Inc. (a NYSE company) is a scaled, multi-platform audio content and entertainment company with the country’s best radio broadcasting group, a leader in virtually every segment of audio, and America’s #1 creator of original, premium audio. Audacy engages over 170 million consumers each month, bringing people together around the news, sports, podcasts and music that matter to them. Learn more at www.AudacyInc.com Much like video ads, programmatic audio ads can offer a number of benefits that are making it a universally acclaimed tool for advertisers. Utilizing the best of the video programmatic features, it adds extra ones like the ability to reach out to consumers where other ad channels are less productive. For example, Millennials and Centennials are the main audio consumers. As a result, advertisers can use the audio channel to boost ad engagement and reach for these demographic segments. “Our agreement with Audacity will add a whole new dimension to SWARM,” said Andrew Van Noy, CloudCommerce CEO. “Audio ads will allow our clients to easily reach critical market segments. Audio programmatic advertising works on the same principles as video ads. Using artificial intelligence, we simply configure the ad campaign parameters to target a particular audience. Then, it’s a matter of SWARM developing the ad content that fits the campaign goals and measuring the results.” CloudCommerce recently announced that it will change its corporate name to AiAdvertising, Inc. For more information about AiAdvertising, please visit the Company’s new website at www.AiAdvertising.com. About CloudCommerce CloudCommerce is a technology driven provider of digital advertising solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. For more information about the Company, please visit www.CloudCommerce.com. Forward-Looking Statements This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Press Contact:CloudCommerce, Inc.Tel: (800) 673-0927communications@cloudcommerce.com

  • GlobeNewswire

    CloudCommerce Rapidly Transforming into a Tech Company

    The recent infusion of additional capital allows the Company to acquire, license and internally develop the technology needed to transform its AI-driven SWARM solution into a fully functioning, AI-driven software as a service (SaaS) platformSAN ANTONIO, April 20, 2021 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a technology driven provider of digital advertising solutions, today announced that its recent infusion of additional capital allows the Company to acquire, license and internally develop the technology needed to transform its AI-driven SWARM solution into a fully functioning, AI-driven software as a service (SaaS) platform. “We are rapidly transforming our business from a traditional advertising agency services provider into a true technology driven company,” said Andrew Van Noy, CloudCommerce CEO. “While we are extremely pleased that our SWARM solution continues to deliver advertising results beyond client expectations, our dream was always to develop SWARM into a fully functioning software as a service (SaaS) platform. Our recent infusion of additional capital allows us to begin the process of turning that dream into a reality.” Successful B2B companies like Salesforce, Snowflake and Square use the SaaS model to sell software to other businesses as a service. These cloud-based services help organizations run more efficiently or automate internal functions. Many businesses rely on these services to optimize their marketing, sales, customer service, and operations efforts. Once established in the marketplace, SaaS companies usually benefit from exceptionally high gross profit margins. “Our AI-driven SWARM solution struck a raw nerve in the advertising industry,” Mr. Van Noy continued. “Today, more than half of all advertising dollars spent in the U.S. are spent on digital forms of advertising. As a result, successful campaigns must be data driven. However, waste and inefficiency still persist. To reduce advertising costs by as much as 50%, we use SWARM to build custom audiences for highly targeted digital marketing campaigns.” Mr. Van Noy concluded,” Our plan is to use the agency services side of our business to continue offering our SWARM solution to major brands, while at the same time developing SWARM into an AI-driven SaaS platform. We are aggressively searching for acquisitions, licensing partners and talent that can help us achieve this goal. Our pending corporate name change to AiAdvertising, Inc., will help make our intentions clear.” For more information about AiAdvertising, please visit the Company’s new website at www.AiAdvertising.com. About CloudCommerce CloudCommerce is a technology driven provider of digital advertising solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. For more information about the Company, please visit www.CloudCommerce.com. Forward-Looking Statements This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Press Contact: CloudCommerce, Inc.Tel: (800) 673-0927communications@cloudcommerce.com

  • GlobeNewswire

    CloudCommerce’s Artificial Intelligence (AI) Solution Outperforms Client Expectations in Recent Test

    An accessories maker for the Jeep Wrangler experienced a 143% increase in conversions resulting from its highest click-through rate ever by leveraging SWARM, the Company’s AI-driven solutionSAN ANTONIO, April 16, 2021 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that an accessories maker for the Jeep Wrangler experienced a 143% increase in conversions and its highest click-through rate ever by leveraging SWARM, the Company’s AI-driven solution. Andrew Van Noy, CloudCommerce CEO reported, “SWARM tested 90 ad variations leveraging a mix of images, headline and body copy. The content was tested against the client’s Jeep Owner audience in Facebook and optimized for conversions. The top five ad combinations were implemented and started running on March 2. The campaigns were structured around Jeep Wrangler landing pages. “We expected to outperform the client’s previous creative efforts,” Mr. Van Noy continued. “However, we were absolutely blown away with these stunning results. A 143% increase in conversions means that the client is now in the very enviable position of dramatically increasing its top line revenue.” Also, SWARM helps solve the user data “cookie” crisis. SWARM uses AI to manage “personas” which will now become more important than ever for targeting purposes. “Third-party cookies are dead,” concluded Mr. Van Noy. “We believe that we are on the right side of digital advertising history.” For more information about AiAdvertising, please visit the Company’s new website at www.AiAdvertising.com. About CloudCommerce CloudCommerce is a leading provider of digital advertising solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. For more information about the Company, please visit www.CloudCommerce.com. Forward-Looking Statements This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Press Contact: CloudCommerce, Inc.Tel: (800) 673-0927communications@cloudcommerce.com