Veritone, Inc.VERI

NasdaqTechnologyServices-Computer Processing & Data Preparation
Price (close)
$1.33
Market cap
$131.8M
P/E
—
Revenue (TTM)
$92.2M
Net income
-$107.0M
Dividend yield
—
1-year total return
-76.2%
Net margin
—
Revenue growth
—
Debt / equity
0.93x

What Veritone, Inc. does.

Veritone, Inc. (collectively with our subsidiaries, referred to as “Veritone,” “Company,” “we,” “our,” and “us”) is a provider of artificial intelligence (“AI”) computing solutions. We are driven by the belief that AI is key to building a safer, more efficient, transparent and empowered society. Our mission is to be an active contributor to making the world better through AI. As creators of one of the world’s first AI operating systems, we are augmenting the human workforce by transforming use-case concepts into tangible, industry-leading applications and solutions.

Our proprietary AI operating system, aiWARE ™ , uses machine learning algorithms, or AI models, together with a suite of powerful applications, to reveal valuable insights from vast amounts of structured and unstructured data. aiWARE serves as the foundation for our AI solutions and bespoke applications and offers access to hundreds of cognitive categories through one common software infrastructure. Highly modular and customizable, aiWARE enables expansive scale with the flexibility to deploy in the cloud, at the edge or in hybrid environments. Our aiWARE platform offers capabilities that are designed to mimic human cognitive functions such as perception, prediction and problem solving, enabling users to quickly, efficiently and cost effectively transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. aiWARE is based on an open architecture that enables new AI models, applications and workflows to be added quickly and efficiently, resulting in a scalable and evolving solution that can be leveraged by organizations across a range of industries.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$57.7M$115.3M$149.7M$100.0M$92.6M$92.2M
Net income-$47.9M$64.7M-$25.6M-$58.6M-$37.4M-$111.7M
Free cash flow$1.3M$6.2M-$1.0M-$81.1M-$30.8M-$58.2M

More on VERI.

Figures from Veritone, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.