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VSBLTY’s Third Quarter: Navigating Challenges, Charting a Profitable Course

Posted by Brittany McNabb at 10:23 AM on Thursday, November 30th, 2023

 

VSBLTY Groupe Technologies Corp. (OTC:VSBGF) (CSE:VSBY) (Frankfurt 5VS) (“VSBLTY”), a trailblazing AI-driven security and retail analytics technology provider, has disclosed its financial performance for the third quarter of 2023. In the midst of challenges, the company remains strategically positioned for future success.

Background and Context

VSBLTY, recognized for its innovative AI solutions, has encountered a revenue dip in Q3 2023, primarily attributed to the Chapter 11 filing of Mountain Express Oil in Q1. The figures do not encompass SaaS revenue related to Winkel under IFRS 15.

Key Highlights and Advantages

Despite the revenue setback, there’s a notable decrease in the operating loss from $2.9 million in Q3 2022 to $2.4 million in Q3 2023. Factors contributing to this improvement include debt recovery, staff reduction, and minimized share-based payments.

Potential Impact and Significance

VSBLTY’s Co-founder & CEO, Jay Hutton, acknowledges the anticipated Q3 revenue challenge but expresses optimism for Q4. The recent Shelf Nine acquisition, effective November 1, is poised to significantly impact revenue. Hutton maintains confidence in achieving profitability by the first half of 2024.

Expert Opinions and Analysis

Hutton emphasizes the commitment to executing key rollout opportunities, especially with the surge in retailer adoption of in-store digital media networks. The strategic restructuring of Winkel Media and the recent Shelf Nine acquisition position VSBLTY for renewed growth and profitability.

Challenges and Considerations

The challenges posed by the Mountain Express Oil situation have been a significant hurdle. However, the proactive measures, including staff reduction and debt recovery, demonstrate the company’s resilience and adaptability.

Conclusion

In the face of Q3 challenges, VSBLTY is resolute in its pursuit of profitability, backed by strategic acquisitions and a focus on execution. The company’s Q4 performance is expected to reflect the full impact of the Shelf Nine acquisition. The upcoming Earnings Call on November 30, 2023, provides an opportunity for investors to gain deeper insights into the company’s trajectory.

Earnings Call Details: Nov 30th, 2023, 10:00 AM Eastern Time (US and Canada)

Topic: VSBLTY Technologies Earnings Call

Register in advance for this webinar: Webinar Registration

View original release: https://www.stockwatch.com/News/Item/Z-C!VSBY-3487975/C/VSBY

VSBLTY Empowers Synagogues with Advanced AI Security Amidst Rising Antisemitic Incidents

Posted by Brittany McNabb at 11:21 AM on Thursday, November 16th, 2023

In response to a concerning surge in antisemitic incidents, VSBLTY Groupe Technologies Corp. is expanding its AI-driven security technology deployment to safeguard more U.S. synagogues. The move comes as the Anti-Defamation League (ADL) reports a staggering 388% year-over-year increase in antisemitic incidents, including harassment, vandalism, and assault.

Background and Context

VSBLTY, a leader in AI-driven security and retail analytics, has been at the forefront of providing cutting-edge security solutions. The company’s history of innovation and commitment to safety positions it as a key player in addressing the pressing security needs of religious institutions.

Key Highlights and Advantages

The complete security solution employs a network of CCTV cameras enhanced by VSBLTY’s AI technology. This powerful combination enables the identification of “persons of interest,” weapons, and potential threats from a distance. The proactive approach aims to preemptively detect and alert authorities before a threat escalates into an incident, ensuring the safety of congregations.

Potential Impact and Significance

The deployment of VSBLTY’s security technology holds significant implications for the safety of religious gatherings. As antisemitic incidents continue to rise, religious leaders express growing concern. VSBLTY’s proactive security measures aim not only to detect but to prevent violence, offering a lifeline in the face of increasing religion-based violence.

Expert Opinions and Analysis

VSBLTY Co-founder & CEO Jay Hutton emphasized the importance of extending safety perimeters and adopting a proactive security approach. The surge in demand for AI-driven security technology underscores its effectiveness in addressing the troubling rise in antisemitic incidents.

Challenges and Considerations

The troubling statistics provided by the ADL underscore the urgency of addressing security challenges faced by religious institutions. VSBLTY’s advanced technology aims to mitigate these challenges by providing an effective and proactive security solution.

Conclusion

In a climate of heightened concerns about religious-based violence, VSBLTY’s AI security technology emerges as a beacon of hope for synagogues across the U.S. As the company extends its reach to protect more houses of worship, it not only addresses the immediate security needs but also contributes to a broader conversation about leveraging technology to ensure the safety of communities.

View original release: :https://www.prnewswire.com/news-releases/vsblty-ai-security-technology-now-protecting-more-us-synagogues-as-antisemitic-incidents-dramatically-increase-301990255.html

VSBLTY Navigating the Pinnacle of AI in Retail with Strategic Acquisitions and Technological Breakthroughs

Posted by Brittany McNabb at 10:10 AM on Tuesday, November 14th, 2023

 

In the dynamic landscape of AI-driven retail, VSBLTY Groupe Technologies Corp. stands as a beacon, illuminating the path to a transformative future. Recent strides, including the strategic acquisition of Shelf Nine and groundbreaking digital cooler screen technology, solidify VSBLTY’s role not just as an innovator in AI software but as a trailblazer in retail media. This article delves into the industry trends, aligning them with VSBLTY’s trajectory and recent achievements, marking the company’s ascent to the forefront of the digital advertising and retail analytics landscape.

Industry Outlook and VSBLTY’s Trajectory: 

  • The retail industry is rapidly adopting AI, with a market value projected to reach 7.1 billion USD in 2023, marking a 29% increase from the previous year. In this transformative landscape, VSBLTY’s recent acquisition of Shelf Nine propels it into the forefront of digital advertising. The retail media network, boasting over 4500 screens strategically positioned throughout the USA, aligns seamlessly with the industry’s focus on comprehensive digital channels. VSBLTY’s proprietary software, offering groundbreaking computer vision-driven data analytics, reinforces its pivotal role in shaping the future of customer behavior insights.

Voices of Authority:

  • “VSBLTY’s acquisition of Shelf Nine is a game-changer, solidifying its position not only as a software innovator but as a leading-edge digital media company,” affirms CEO Jay Hutton. The synergies highlighted by Mike Manion, CEO of Shelf Nine, emphasize the unique value proposition of the combined entity, showcasing VSBLTY’s commitment to transformative solutions in retail media.

VSBLTY’s Highlights:

  • VSBLTY’s milestones gain further luster with the Shelf Nine acquisition. The addition of a retail media network, coupled with advanced analytics software, strengthens VSBLTY’s role as a turnkey solution provider. This strategic move fortifies the company’s position in North America and underscores its commitment to innovation.

Real-world Relevance:

  • The deployment of VSBLTY’s cutting-edge digital cooler screen technology in a major sports and entertainment arena for the upcoming NBA season is a testament to real-world impact. With a 100% surge in cases sold through these screens, brands and retailers witness tangible results, translating VSBLTY’s technological prowess into measurable success.

AI for Retail in 2023: Industry Trends, Prospects, and Challenges to Solve:

  •  Retail’s rapid digitalization, driven by AI adoption, is reshaping the industry. The value of AI in retail is soaring, with a 29% increase in market value from the previous year. The top three reasons for implementing AI in retail include improving customer experience, boosting productivity, and achieving cost efficiencies and return on investment. VSBLTY’s strategic moves align seamlessly with these industry trends, positioning the company as a key player in the evolving retail landscape.

Looking Ahead with VSBLTY:

  • As the retail industry embraces hyper-personalization and dynamic advertising platforms, VSBLTY’s future outlook is promising. With a focus on customized, real-time ads and transformative solutions, VSBLTY is poised to lead the charge in creating new revenue streams for retailers, aligning perfectly with the industry’s trajectory.

In a landscape where innovation meets opportunity, VSBLTY emerges as a compelling force, driving the narrative of AI in retail. Recent acquisitions, technological breakthroughs, and industry trends converge to position VSBLTY at the pinnacle of the industry’s growth. As an investor, exploring the promise of VSBLTY means engaging with a company that not only adapts to industry trends but actively shapes them. Join the journey where AI illuminates the future of retail, and VSBLTY leads the way.

https://chisw.com/blog/ai-in-retail-2023/#:~:text=The%20Retail%20AI%20Market%20Overview,from%20just%20a%20year%20earlier

YOUR NEXT STEPS

Visit $VSBY HUB On AGORACOM: https://agoracom.com/ir/VsbltyGroupeTechnologies

Visit $VSBY 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/VsbltyGroupeTechnologies/profile 

Visit $VSBY Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/VsbltyGroupeTechnologies/forums/discussion 

Watch $VSBY Videos On AGORACOM YouTube Channel:

https://www.youtube.com/playlist?list=PLfL457LW0vdKCin6ZCNyXUQIkzbRYajTj

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VSBLTY Pioneers Retail Media Transformation with Shelf Nine Acquisition

Posted by Brittany McNabb at 8:44 AM on Wednesday, October 25th, 2023

 

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), the leading AI software provider in security and retail analytics, has officially inked a definitive agreement to acquire Shelf Nine LLC, an industry trailblazer in retail media networks. This strategic move propels VSBLTY into the forefront of the digital advertising landscape.

Shelf Nine’s retail media network boasts over 4500 screens, strategically positioned throughout the USA, revolutionizing in-store advertising. By seamlessly integrating loyalty apps, websites, and interactive digital displays, this network provides a comprehensive digital channel for brands and retailers. VSBLTY’s proprietary software delivers groundbreaking, computer vision-driven data analytics, offering unparalleled insights into customer behavior.

“This acquisition firmly cements VSBLTY not only as a world leading innovative software company, but as a leading-edge digital media company as well,” stated VSBLTY Co-founder & CEO Jay Hutton. “Our media offering is unlike any other traditional ‘Out of Home’ awareness product. Using our anonymous customer analytics software, we can not only confirm impressions, but we can state, who, when, where and for how long the advertisement was viewed.”

Under the terms of the Purchase Agreement, VSBLTY will issue 12,500,000 Shares to Shelf Nine’s owners, valued at US$500,000. An additional 1,250,000 Shares will be held in escrow for 15 months post-closing. Shelf Nine’s sellers are eligible to earn up to an extra US$3,890,000 worth of shares contingent upon achieving predefined revenue milestones over three years, commencing July 2023.

Key Shelf Nine personnel have committed to continue their employment and are eligible for performance incentives, further aligning their interests with the success of the acquisition. This strategic move fortifies VSBLTY’s position in North America, solidifying its commitment to innovation and transformative solutions in retail media.

Mike Manion, CEO of Shelf Nine, highlighted the synergies of this merger, emphasizing the unique value proposition offered by the combined entity. “With our digital media network of 4500 screens starting to generate revenue and the enhanced capabilities of VSBLTY’s latest analytics software offerings, we truly have a media product that is unique in the market.”

The Transaction, slated for completion by the end of October 2023, is subject to standard conditions and regulatory approvals. All issued Shares will adhere to applicable securities laws, with a four-month resale restriction from issuance.

Shelf Nine leads the charge in providing brands and retailers with targeted customer communications at the point of purchase through its premier digital media and content network. By establishing a retail ad network, Shelf Nine empowers store owners with increased ad revenue, enhanced content control, and integrated marketing capabilities. Advertisers are capitalizing on digital platforms that engage consumers during their shopping journey, making the 1:1 retail environment an optimal setting for targeted communication. Digital content in-store not only maximizes ad impressions but also elevates the shopper experience, leading to higher basket rings for retailers.

View Original Release: https://www.prnewswire.com/news-releases/vsblty-enters-definitive-agreement-to-acquire-shelf-nine-301966785.html

VSBLTY Revolutionizes NBA Season with Digital Cooler Screen Technology

Posted by Brittany McNabb at 8:53 AM on Tuesday, October 24th, 2023

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), the eminent AI-driven security and retail analytics technology provider, is set to unveil its cutting-edge digital cooler screen technology at a major sports and entertainment arena for the upcoming NBA season.

VSBLTY’s Co-founder & CEO, Jay Hutton, expressed his elation at the continued adoption of this technology by globally acclaimed beverage brands. Demonstrating outstanding performance, this technology has led soft drink bottlers and retailers to witness an impressive 100% surge in cases sold through VSBLTY’s digital cooler screens.

This deployment represents a significant milestone for VSBLTY, solidifying its reputation as the preeminent turnkey solution provider for brands looking to leverage this highly effective point-of-sale advertising platform.

The proprietary digital panels, seamlessly integrated into cooler doors, offer dynamic, computer vision-driven graphics designed to captivate shoppers. Real-time shopper analytics provide invaluable insights for both brands and retailers, all while ensuring complete viewer anonymity. The screens boast a patented feature allowing brand messages to be displayed in opaque, translucent, and crucially, transparent screen mode, ensuring visibility of the cooler’s contents.

This innovative approach, preferred by brands and retailers, surpasses other contentious applications that are being phased out by major retailers. Brands are now capitalizing on the opportunity to incorporate these digital coolers into a comprehensive, monthly service-as-a-fee model.

Headquartered in Philadelphia, VSBLTY leads the global landscape in Artificial Intelligence and real-time CCTV interpretation. Their technology leverages facial recognition, age, gender, and other matrices to deliver customized, real-time ads, enhancing retail brand visibility and driving sales. Additionally, the company plays a pivotal role in the burgeoning “Store as a Medium” movement, providing brands with a platform to connect with customers at the point of purchase, creating a new revenue stream for retailers.

In the realm of security, VSBLTY’s proprietary AI software offers a suite of products encompassing facial and weapon recognition, transforming traditional CCTV systems into proactive early warning security solutions, potentially saving lives.

View Original Release: :https://www.prnewswire.com/news-releases/vsbltys-advanced-digital-cooler-screen-technology-to-deploy-at-major-sports–entertainment-arena-for-nba-season-301965527.html

Revolutionizing Retail: VSBLTY’s Groundbreaking Partnership with LuLu Group

Posted by Brittany McNabb at 7:34 AM on Wednesday, October 11th, 2023

 

 

In a monumental move towards revolutionizing retail experiences, leading AI software provider, VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), has joined hands with LuLu Group International, the Middle East’s largest retail chain. Boasting an impressive 238 outlets in the Gulf Cooperation Council, LuLu Group stands among the world’s 50 fastest-growing retailers.

This strategic partnership, facilitated by local partner System Security Solutions Company (3S), will see VSBLTY’s cutting-edge “Store as a Medium” technology integrated into select LuLu retail outlets. The deployment is set to expand across 200 plus locations within the next two years, guided by the exceptional performance of initial installations featuring Smart Cooler™ screens, 55″ screen kiosks, and innovative end cap displays.

Harnessing the power of AI-driven technology, VSBLTY will implement its state-of-the-art DataCaptor software, camera and sensor technology, and artificial intelligence capabilities. This dynamic combination will provide real-time shopper analytics and audience impression measurement, all while ensuring customer anonymity. The integration of VisionCaptor™ CMS further enables personalized content delivery based on key demographic indicators.

The venture’s ultimate objective is to optimize in-store revenue, capitalizing on existing and future trade and media programs, as well as the meticulous curation of first-party data. The partnership will also introduce marketing strategies aligned with LuLu’s loyalty program.

With anticipated revenue streams encompassing Project Management fees, Media Sales, Content Management, and SaaS fees for VisionCaptor & DataCaptor, this collaboration is poised to redefine retail in the Middle East. VSBLTY’s Co-founder & CEO, Jay Hutton, expressed immense enthusiasm, affirming the potential of this partnership to reshape advertising in the region.

View Original Release::https://www.prnewswire.com/news-releases/vsblty-partners-with-lulu-group-international-the-largest-retail-chain-in-the-middle-east-301953228.html

VSBLTY-Winkel Media Joint Venture Achieves Record Quarter in Media Sales

Posted by Brittany McNabb at 11:22 AM on Friday, October 6th, 2023

 

In a landmark achievement, VSBLTY Groupe Technologies Corp. and its joint venture partner, Winkel Media, have announced a record-breaking quarter in media sales. Major local brands such as Coca Cola, PepsiCo, Bimbo, Nestle, and Unilever have recently inked recurring monthly agreements, poised to drive higher monthly fill rates across the expansive four-country network. September alone witnessed nearly a quarter-million dollars in revenue, with expectations of continued stellar performance in Q4.

Rodrigo Velasco, CEO of Winkel Media, emphasized, “This achievement affirms our strategy to focus on optimizing media sales for the initial 2,000 deployed screens. Collaborating with dominant Out of Home media partners in each region has significantly accelerated our sales outreach, allowing us to connect with advertisers and ad agencies more effectively.”

This strategy forms the cornerstone of VSBLTY’s expansion into key markets like Brazil, the Middle East, and the U.S. “Strategic partnerships in regions where we’re building retail media networks bolster VSBLTY’s standing as a trailblazing software and digital media enterprise,” commented Jay Hutton, Co-founder & CEO of VSBLTY. The company’s unique media offering provides precise insights, including anonymous customer analytics, revolutionizing the way advertisers engage their audience.

The potential of digital “In Store Media Networks” is just beginning to surface, projected to surpass traditional media platforms. Notably, small Latin American retailers have experienced remarkable results, where screen-based ads at checkout counters drive significant impulse purchases.

Winkel Media, a joint venture of VSBLTY, Retailigent Media, and Anheuser-Busch InBev, spearheads in-store media technology. Pioneering the first retail DOOH network in Latin America, Winkel boasts the market’s most advanced facial detection technology, employing machine learning to anonymously profile customer demographics. This groundbreaking approach not only fuels sales but empowers brands with invaluable insights through customized KPI reports.

View Original Release: https://vsblty.net/news/vsblty-and-joint-venture-partner-winkel-media-announce-record-third-quarter-media-sales/

$VSBY & Winkel Media Delivering 25-50% Uplift To CPG Brands, Sparking Demand That Has Driven 2023 YTD Sales To Surpass All Of 2022.

Posted by Brittany McNabb at 10:35 AM on Monday, April 17th, 2023

Project Delays Now Behind Them In Massive Push Toward 50,000 Installs

 

VSBLTY uses AI and ML to create real-time advertising and security solutions for traditional digital displays and cameras found in stores, stadiums, and smart cities. They are a world leader in Proactive Digital Display technology

The global retail digital display market is projected to experience significant growth over the next few years to $100B … with the total addressable market at $296B in 4 years.

VSBLTY Is Reinventing Real World Retail & Security With Partners like:

  • Intel
  • AB InBev
  • AustinGIS
  • SensorMatic
  • Al Jabir Group
  • …. And Winkel Media

Winkel Media is a joint venture of VSBLTY, Anheuser-Busch InBev and Latin American partner Retailigent Media, which has developed the first retail Digital Out of Home (DOOH) network in Latin America.  This network provides the world’s biggest CPG brands and agencies with the powerful ability to target customers while they are in-store.

 

WINKEL MEDIA SALES IN Q1 2023 ALREADY SURPASS 2022

 

According to Winkel Media Co-Founder & CCO Diego Sanchez, the solution has been so successful that CPG brands are seeing a remarkable 25-50% uplift in sales, which has them thirsting for more locations and rocketed sales of Winkel Media in the first quarter of 2023 right past all of 2022.

 

GROWING PAINS AND LEARNING CURVE NOW BEHIND THEM

 

Sanchez and $VSBY CEO Jay Hutton both concede that the drive towards 50,000 locations has been slower than expected as the partners needed more time than expected to align their priorities, which they chalk up to growing pains.  However, both confirm that alignment has now taken place and expect the growth curve to accelerate.

 

7 TOP CPGS NOW WORKING WITH WINKEL

 

More importantly however, according to Sanchez, is the performance metrics of the 2,000+ “sellable locations” which have gone a long way toward solving the learning curve Bodegas across Latin America were experiencing with this new breakthrough technology.

 

The performance metrics have also done wonders driving demand from the world’s biggest agencies and CPG brands.   Specifically,Sanchez discusses working with 7 of the top global CPGs like Coca Cola, Pepsico, Nestle, PNG, Bimbo and attaining pre-buys for the network, as well as rebuys and yearly “always on” contracts.

 

Want to learn more? Sit back relax and watch this powerful interview.

VIDEO – VSBLTY $VSBY Is At The Center of The World’s Biggest “Store As A Medium” Deals With The Likes Of Anheuser-Busch, Intel and WPP

Posted by AGORACOM-JC at 5:30 PM on Wednesday, March 16th, 2022
VSBLTY

VSBLTY is the world leader in Proactive Digital Display™ which takes traditional static digital displays and/or cameras that you see in stores, arenas and stadiums, then adds powerful Artificial Intelligence and Machine Learning, to create real-time display advertising and security solutions the likes of which the world has never seen.

As a result, $VSBY has created the intersection of marketing & security by creating customized video displays that also keep an eye on who is in the store, arena, stadium and any other kind of venue.

MASS COMMERCIALIZATION HAS COMMENCED IN 50,000 STORE DEAL WITH LATIN AMERICAN STORES ARM OF ANHEUSER-BUSCH

Almost a year ago to the day, VSBLTY, Grupo Modelo & Retailigent formalized an agreement to jointly create an international digital in-store media network. Group Modelo is part of the AB InBev family of companies. 

The network will provide real time customer analytics, security & sensor integration in up to 50,000 Modelorama Stores & independent neighborhood bodegas in Latin America.  The tech will appear in Mexico and across Latin America by the end of 2024 with active deployment already underway in Mexico, Colombia, Peru, and Ecuador.

STORE AS A MEDIUM – SAAM

The 50,000 store deal on its own is a potential company maker that any small cap company would simply die to have … but in the case of $VSBY it is one of many major initiatives with some of the world’s biggest companies that finds their technology at the center of all of them including but not limited too:

●       Intel Collaboration with VSBLTY computer vision in a metaverse retail experience featuring store as a medium

●       Sensormatic Solutions by Johnson Controls brings a new level of insights to help retailers make better business decisions by combining $VSBY analytics with their data

●       Imbera, the world’s number one commercial refrigeration manufacturer, agreed to collaborate with VSBLTY to market and manufacture innovative video technology on new and existing coolers/freezers found in grocery, convenience and gas stations.

As a result, $VSBY is now recognized for its leadership role in the growing ‘Store as Medium’ paradigm shift, which enables the world’s biggest brands to reach customers when and where buying decisions are being made – in the actual store – while also producing a new revenue stream for the retailers installing these displays.

But that’s not all…

VSBLTY Partners With Farleigh Group To Market Security Technology Throughout EU

What did VSBLTY CEO have to say?

“We are excited to be represented by Farleigh Consultants whose Profile Security roots will enable us to grow our security technology presence throughout the UK and Western Europe. The application of artificial intelligence and machine learning to shield properties, buildings, and other venues is transforming security measures worldwide.”

Did we mention Intel? Yes we did and here are more details.

Intel Collaborates with VSBLTY Computer Vision in a Metaverse Retail Experience Featuring Store as Medium

The group has leveraged the metaverse in a unique and interesting way to feature the supermarket and C-Store of the future. The Store-WPP/Intel/VSBLTY collaboration was created as a free downloadable app available on the iTunes App Store and for Android. The virtual experience projects the future of retail and provides a window into what is happening worldwide as the pandemic wanes and retail rebounds.

Want to learn more? Sit back relax and watch this powerful interview.

VIDEO – VSBLTY Groupe Technologies $VSBY $VSBGF Rides “Deployment Momentum” to Strong Q2, w/ 165% Growth & $4.1m in New Sales $AT $MARK

Posted by AGORACOM at 10:24 AM on Thursday, August 26th, 2021
VSBLTY

VSBLTY Groupe Technologies (CSE:VSBY / OTC:VSBGF) is a disruptive computer vision software company that is using A.I. and Machine Learning to transform the retail and security industries.

  • $VSBY Teaches Computers How to Interpret Surroundings. For example, detecting anomalies better than any human ever can
  • $VSBY Then Delivers the Context of Their Surroundings via Alerts, so that humans can make decisions and act on then faster than ever possible
  • $VSBY technology serves the dual function of both monitoring (i.e. a stadium, a store) and marketing (serving ads based on real-time demographics)

In March, the company signed a major deal with Grupo Modelo (part of the AB InBev family of companies) and Retailigent to jointly create an international digital in-store media network.

And in June, VSBLTY raised $9.78 million in funding, putting the company on a path to profitability.

Now, VSBLTY CEO Jay Hutton has provided a corporate update, detailing that:

  • Q2 yielded strong billings growth, at 165% over Q1
  • A total of $4.1 million USD in new contracts
  • And accelerated growth, as the company gains “deployment momentum.”

We sat down with the chief executive, for a deeper dive into the state of play…