Quotient Technology Inc. Company profile
About Quotient Technology Inc
Quotient Technology Inc. is a digital media and promotions technology company. It creates omnichannel brand-building and sales-driving marketing campaigns for consumer-packaged goods (CPGs) companies and retailers throughout the path to purchase. Its programs are delivered through its platforms across a range of network of digital properties. Its network includes the digital properties of its retail partners and CPG customers, social media platforms, third-party properties, its consumer brand Coupons.com properties and digital out-of-home (DOOH) properties. It provides Quotient Retailer Promotions Platform for its retail partners to directly engage with shoppers across their Websites, mobile, e-commerce, and social channels. Its promotional products include digital paperless coupons, digital print coupons, in-lane on receipt promotions, digital rebates and loyalty offers. Its media solutions includes display, social, DOOH, Retailer.com display, shoppable brand pages and audiences.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Quotient Technology Inc revenues increased 17% to $521.5M. Net loss decreased 30% to $45.6M. Revenues reflect Media Service segment increase of 29% to $268.7M, Promotion Service segment increase of 7% to $252.8M. Lower net loss reflects Change in fair value of contingent decrease of 93% to $1.4M (expense), Stock-based Compensation in General decrease of 31% to $12M (expense).
Equity composition
Common Stock, $0.00001 Par, 03/14, 250M auth., 72,669,807 issd., Insiders own approx. 85.5%