Remark Hlds

Remark Holdings, Inc. is a technology-focused company that develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries. It operates through its Technology and Data Intelligence segment, which provides products and services based on collected and processed data by using KanKan, a data intelligence platform that offers AI-based vision products, computing devices, and software-as-a-service products for the financial, retail, entertainment, education, and workplace and public safety industries. It also operates various digital media properties that deliver content in various verticals, including travel and entertainment, such as lodging, air travel, show tickets, and tour through its websites. In addition, the company sells financial-technology products and services, as well as advertising services through its websites. The company was founded on March 14, 2006 and is headquartered in Las Vegas, NV.

Earnings data Q3 2020

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Earnings data Q1 2021

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Remark Hlds reports Q1 losses but sees growth opportunities ahead

Remark Hlds faces financial challenges with revenue decrease, operating loss, and a significant net loss in Q1 2024, driven by cost management issues.
Despite financial setbacks, the company shows strengths in securing notable contracts, forming key partnerships, and gaining industry recognition for its AI solutions.
Opportunities lie in revenue growth potential from contracts and collaborations, expanding market reach through partnerships, and enhancing visibility at industry events.

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