Weave Communications, Inc. provides a customer communications and engagement software platform in the United States and Canada. Its platform enables small and medium-sized businesses to maximize the value of their customer interactions and minimize the time and effort spent on manual or mundane tasks. The company's products include Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current customers, provide information at every call, and manages heavy call times; Weave Text Messaging to communicate with customers; Weave Missed Call Text to take action in real time upon notification of a missed call; Weave Team, a group messaging solution that helps businesses and their team members communicate with each other from their work stations; and Weave Mobile App to text customers, request payments, and receive and make calls. It also offers Weave Reviews to request, collect, monitor, and respond to reviews; Weave Email Marketing, an email system; Web Assistant Appointment Requests and Text Connect to interact with their existing and potential customers online directly through their websites; Weave Payments, a payment processing solution; Customer Insights to collect payments faster, improve personalized engagement with each customer, and recommend follow-up items; and Analytics to identify unscheduled treatments, canceled appointments, unpaid invoices, and other needs. In addition, the company provides Digital Forms to fill out critical information; and Scheduling to send automatic scheduling reminders through text message or email reminders. It serves customers in dental, optometry, veterinary, physical therapy, home services, audiology, medical specialty services, and podiatry industries. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. Weave Communications, Inc. was founded in 2008 and is headquartered in Lehi, Utah.
Revenue of Weave Communications, Inc. (WEAV)
Revenue in 2023 (TTM): $170.47 M
According to Weave Communications, Inc.'s latest financial reports the company's current revenue (TTM) is $170.47 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 Weave Communications, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $170.47 M | $116.09 M | $-13,016,000 | $-30,771,000 | $-31,031,000 |
| 2022 | $142.12 M | $88.84 M | $-20,428,000 | $-49,634,000 | $-49,738,000 |
| 2021 | $115.87 M | $66.5 M | $-38,306,000 | $-51,630,000 | $-51,690,000 |
| 2020 | $79.9 M | $45.45 M | $-29,899,000 | $-40,421,000 | $-41,765,000 |
| 2019 | $45.75 M | $27.23 M | $-21,376,000 | $-32,060,000 | $-33,545,000 |