Veritone, Inc., together with its subsidiaries, provides artificial intelligence (AI) computing solutions in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that uses machine learning algorithms or AI models, such as perception, prediction, and problem solving and optimization, as well as cognitive processes, including transcription, language translation, face detection and recognition, object detection and recognition, logo recognition, sentiment analysis, text keyword/topic analysis, audio/video fingerprinting, geolocation, visual moderation, and optical character recognition to reveal valuable insights from vast amounts of structured and unstructured data. The company also provides media advertising agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. It serves media and entertainment, government, legal and compliance, energy, and other vertical markets. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.
Revenue of Veritone, Inc. (VERI)
Revenue in 2023 (TTM): $127.56 M
According to Veritone, Inc.'s latest financial reports the company's current revenue (TTM) is $127.56 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Veritone, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $127.56 M | $73.2 M | $-49,620,000 | $-61,673,000 | $-58,625,000 |
| 2022 | $149.73 M | $122.3 M | $-14,449,000 | $-23,248,000 | $-25,236,000 |
| 2021 | $115.31 M | $93.18 M | $-58,214,000 | $-67,849,000 | $-70,593,000 |
| 2020 | $57.71 M | $42.05 M | $-41,266,000 | $-47,800,000 | $-47,876,000 |
| 2019 | $49.65 M | $32.36 M | $-58,124,000 | $-63,530,000 | $-62,078,000 |
| 2018 | $27.05 M | $20.57 M | $-58,289,000 | $-61,082,000 | $-61,104,000 |
| 2017 | $14.41 M | $13.34 M | $-46,508,000 | $-59,595,000 | $-59,601,000 |
| 2016 | $8.91 M | $7.33 M | $-22,932,000 | $-26,973,000 | $-26,979,000 |
| 2015 | $13.93 M | $12.07 M | $-6,148,000 | $-6,205,000 | $-6,210,000 |
| 2014 | $7.81 M | $7.67 M | $-4,180,479 | $-4,201,137 | $-4,211,420 |
| 2001 | $57.71 M | $42.05 M | $-47,673,000 | $-47,800,000 | $-47,800,000 |