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Raadr Inc (PK:RDAR)

Business Focus: Mobile Application Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 7950 E REDFIELD RD., UNIT 210
SCOTTSDALE AZ 85260
Tel: N/A
Website: https://www.raadr.com
IR: See website
Key People
Jacob DiMartino
President, Chief Executive Officer, Director
   
Business Overview
Raadr, Inc. is a technology and software development company. The Company publishes software that protect children who use social media and the Internet. The Company's products allow children, parents, school districts and law enforcement to monitor bullying and other threatening behavior across social media in real-time. Its RAADR Parental 2.0 is a parental monitoring and student reporting social media application, allows parents to protect children by using real-time monitoring across all major social media platforms to report cyberbullying, suicidal thoughts, and threatening behavior. Armed with various features, including keyword tracking, real-time alerts, an urban dictionary and site filtering, its monitoring platform can determine in real-time whether children or young adults are the victim or could be the victim of campus violence, cyberbullying, stalkers, bullies and other threatening behavior.
Financial Overview
For the fiscal year ended 31 December 2022, Raadr Inc revenues was not reported. Net loss decreased 35% to $4.1M. Lower net loss reflects FV/Uls Adjust on Derivatives for Hedging decrease of 35% to $2.4M (expense), Interest expense decrease of 54% to $573K (expense), General and administrative expenses decrease of 38% to $268K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$27.12 to -$7.02.