Robert Berlacher's questions to MOBIVITY HOLDINGS (MFON) leadership • Q4 2023
Question
Asked a comprehensive set of questions regarding the Connected Rewards business, covering its growth trajectory, the timeline to surpass the legacy business, the path to cash flow positivity, performance metrics like ROAS, the competitive landscape, potential risks to profitability, pricing strategy, and details on gaming publisher partnerships.
Answer
The executives projected the Connected Rewards business would overtake the legacy business in the second half of 2024, with cash flow positivity following soon after due to higher gross margins. They confirmed they are exceeding publisher ROAS goals, which drives more business. Key competitive advantages include operating outside the device ID ecosystem and offering a unique, performance-based program that benefits both brands and publishers. They are working with top publishers like Scopely and Playtika and see significant upside from optimizing campaigns to increase CPIs.