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Message: Data443 Releases Stellar Q3 Financials On Road To Uplist To Major Market Market Leading SaaS-Based Data Security & Privacy Operation Outperform

Data443 Releases Stellar Q3 Financials On Road To Uplist To Major Market Market Leading SaaS-Based Data Security & Privacy Operation Outperform

posted on Nov 16, 2020 12:50PM

Major Key Highlights include:

  • Nearly $3,000,000 of toxic convertible debt paid-off or converted 9-months ended and counting

          - Major reduction of overhang and drag on financing activities

  • Closed 3 new acquisitions – all with leading technology stacks, customer bases and intellectual property
  • Paid down over $500,000 in acquisition-related notes in cash
  • Significantly increased cash flow performance when compared to same period last year
  • Company historic quarterly record bookings of $835,000
  • Best revenue quarter in Company's history
  • Reduction of G&A expenses of 35%
  • Deferred revenues continue to increase, this quarter up 21%
  • Net reduction of debt increased equity by $12,500,000
  • Cancellation of 250,000 warrants, and settlement of 38,000,000 warrants
  • Addition of over 160,000 new active users to our WordPress technology stack
  • Addition of over 7,000 net new customers
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