Adveritas Ltd
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Latest News
Adveritas raises $8.5m to accelerate global expansion and product growth
Fraud-prevention software developer Adveritas (ASX: AV1) has completed an $8.5 million placement to existing shareholders and new institutional investors in support of its global growth strategy. The company will issue approximately 85 million shares priced at $0.10 each, representing a 4.8% discount to the last closing price and a 67% premium to the price of […]
Adveritas releases new TrafficGuard ‘Smart Ranges’ feature to expand customer base
Fraud-prevention software developer Adveritas (ASX: AV1) has released the Smart Ranges development within its flagship TrafficGuard product in an effort to expand its customer value proposition and support contract price increases. The new feature has been designed specifically for gaming and betting clients to address issues related to sophisticated and large-scale activities related to invalid […]
Adveritas reports record high annualised revenue of $3.5m
Ad fraud prevention company Adveritas (ASX: AV1) has reported continued growth in annualised revenue to a record high of $3.55 million underpinned by several new TrafficGuard mobile and pay per click (PPC) contracts. The figure represents a 41% increase since last July and a 23% increase since January. While the new contracts are not individually […]
Adveritas targeting TrafficGuard upgrade with $9m cap raising
Anti-fraud software solutions developer Adveritas (ASX: AV1) has come out of a trading halt to unveil a significant boost to its bank balance. The company has raised an initial $6.5 million and attracted strong commitments from sophisticated investors through an upsized two-tranche share placement. It has also revealed it is aiming to bring in up […]