Taboola.com Ltd (OQ:TBLA)
Business Focus: Software
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 16 Madison Square West, 7th Floor NEW YORK NY 10010 |
| Tel: | N/A |
| Website: | https://www.taboola.com |
| IR: | See website |
| Key People | ||
| Zvi Limon Chairman of the Board | Zvi Limon Chairman of the Board | Eldad Maniv President, Chief Operating Officer |
| Eldad Maniv President, Chief Operating Officer | Adam Singolda Founder, Chief Executive Officer, Director | Adam Singolda Founder, Chief Executive Officer, Director |
| Stephen Walker Chief Financial Officer | Stephen Walker Chief Financial Officer | Kristy Sundjaja Senior Vice President - People Operations |
| Kristy Sundjaja Senior Vice President - People Operations | Lior Golan Chief Technology Officer | Lior Golan Chief Technology Officer |
| Business Overview |
| Taboola.com Ltd. is a technology company, which powers recommendations across the Open Web with an artificial intelligence (AI)-based, algorithmic engine. The Company's platform, powered by artificial intelligence, is used by digital properties, including Websites, devices and mobile apps, to drive monetization and user engagement. Digital properties use the Company's technology platforms to achieve their business goals, such as driving new audiences to their sites and apps or increasing engagement on site. It empowers advertisers to leverage its proprietary AI-powered recommendation platform to reach targeted audiences utilizing effective, native ad formats across digital properties. As part of its e-Commerce offerings, it also syndicates its retailer advertisers' monetized product listings and links (clickable advertisements) into commerce content-oriented consumer experiences on both the Open Web and within the dominant traditional ad platforms. |
| Financial Overview |
| For the three months ended 31 March 2024, Taboola.com Ltd revenues increased 26% to $414M. Net loss decreased 16% to $26.2M. Revenues reflect United States segment increase of 71% to $193.4M, Rest of the World segment increase of 23% to $133.4M. Lower net loss reflects General and administrative expenses decrease of 11% to $18.6M (expense), Stock-based Compensation in SG decrease of 4% to $4.7M (expense). |
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