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CrowdGather, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2016 10-K, filed Jan 10, 2017.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Runs a network of online forums and communities across varied interests, including cannabis, and sells advertising to advertisers.

How Did They Make Money?

Advertisers pay through third-party networks for ads based on impressions, clicks or actions, and the company earns those fees as it provides the advertising. Some forum administrators pay monthly for ad-free service and other features.

revenue

Who Were Their Customers?

Advertisers buy directly or through advertising networks; some forum administrators pay monthly for ad-free service and other features.

Did Revenues Turn Into Profits?

No. It lost $5M in .

Operating income,
−172% of revenue
▼ −65% (Loss) vs (−$2.1M, −327%)
Net income,
−1145% of revenue
▼ −30% (Loss) vs (−$7.2M, −1102%)

How Were They Changing?

Shrank. Revenue fell 71% in 2 years, from $1.5M in to $441K in , about 46% a year.

Focus on cannabis The older report describes a network of online forums across varied interests; the latest report says CrowdGather is moving away from that broad mix toward cannabis-focused communities.

Who Did They Compete With?

Competes with WeedMaps.com and MassRoots

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