Verb Technology Company Inc (VERB)

[JoshSp]

Following the Sound Concepts acquisition, VERB was very clear about transitioning from a low margin paper business to a high margin digital/SAAS business. Given that, it is a stretch to consider focusing on the digital business as "cherry picking".

Below is the progression of digital revenue:

$ 000s

2020 Q1 $1,457
2020 Q2 $1,680
2020 Q3 $1,838
2020 Q4 $1,523
2021 Q1 $1,801
2021 Q2 $1,810
2021 Q3 $2,356

This most recent quarter is the one where digital revenue grew 30%. I would also note that VERB stated we would start to see more significant revenue growth starting in the 3rd and 4th quarter of 2021. I would as well note that if (hypothetically) quarterly revenue grew 30% per quarter, after five years, annual digital revenue would be close to $1.8 billion. I would finally note that none of the above numbers (or hypothetical projections) reflect any revenue from Marketplace, TV, of NFTs.

The above is all in my opinion.