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Troika Media Group, Inc.

roomlinx.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Dec 21, 2023. Its latest SEC filing is a 15-12G from Apr 11, 2024.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Provides brand-building, marketing technology, and customer-acquisition services to consumer-facing businesses in sectors such as financial services, home services, and entertainment.

Who Were Their Customers?

Brands and businesses in consumer-facing sectors engage Troika for scoped marketing, data, creative, and customer-acquisition programs, including in consumer products, entertainment, financial and professional services, education, and home services.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q2 FY2023, the three months to Sep 30, 2023
Revenue
▼ −55%
vs $119.8M in Q2 FY2022
Net income
▼ Now a loss
vs $1.3M in Q2 FY2022
  • Apr 1, 2024 The liquidation plan took effect and canceled existing shares The company's directors and officers were discharged, and holders of canceled equity interests will not receive property under the plan.
  • Mar 5, 2024 Sold substantially all assets to a Blue Torch affiliate The sale closed after court authorization, with consideration including a credit bid and assumption of liabilities.
  • Dec 7, 2023 Filed for Chapter 11 and proposed sale of substantially all assets The company planned a court-supervised sale to Blue Torch, with competing bids invited.
  • Dec 7, 2023 Nasdaq notified Troika that its securities would be suspended and delisted The company said it did not intend to appeal the determination.

Who Did They Compete With?

Competes with EverQuote, SelectQuote, LendingTree, QuinStreet, Digital Media Solutions, and Fluent

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