Paltalk, Inc. Company profile
About Paltalk Inc
Paltalk, Inc.(Paltalk) is engaged in providing communications software. Paltalk’s product portfolio includes Paltalk and Camfrog, which together host a collection of video-based communities. The Company’s other products include Tinychat and Vumber. Paltalk operates a network of consumer applications that creates a social media enterprise where users can meet, see, chat, broadcast and message in real time in a secure environment with others in its network. Paltalk also owns and operates a small telecommunications services Vumber that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user’s existing cell phone or land line telephone number. Vumber serves both the retail and small business community. Vumber provides an in depth data analytics platform that can track, record and analyze calls to gain new insights into one’s business.
Financial summary
BRIEF: For the nine months ended 30 September 2021, Paltalk Inc revenues increased 8% to $10.2M. Net income increased 58% to $1.3M. Revenues reflect Subscription revenue increase of 5% to $9.4M, Technology service revenue increase from $225K to $452K, Advertising revenue increase of 52% to $304K. Net income benefited from Stock-based Compensation in SGA decrease from $178K (expense) to $169K (income).
Equity composition
Common Stock $.001 Par, 03/11, 100M auth., 37,585,756 issd. Insiders own 52.91%. 01/10, 3-for-1 Stock Split.
Latest shares articles
![](https://img.capital.com/imgs/articles/384x2000x0/1350x880_-HP-_Newsquawk-light_1.png)
![Lloyds share price forecast: An attractive dividend stock?](https://img.capital.com/imgs/articles/384x2000x0/Hero-image-bank_1.png)
![Exterior of Infosys headquarters](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_2035197281_0_0.jpg)
![Tesla logo atop of a Tesla Dealership illuminated at night.](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_1494516293_0.jpg)