*No analysts have provided price targets for this stock.
Financial Performance
Financial numbers in USD.
Financial Overview
Year
2019
2018
Revenue
458,826
1,467,519
Revenue Growth
-68.73%
-
Net Income / Loss
-5,230,245
-3,510,011
Numbers in USD.
Company Profile
Company Details
Full Name
Auddia, Inc.
Country
United States
Employees
12
CEO
Michael Lawless
Stock Information
Ticker Symbol
AUUD
Stock Exchange
NASDAQ
Industry
Computer Processing & Data Preparation
Unique Identifier
NASDAQ: AUUD
IPO Date
Pending
Description
Auddia (formerly Clip Interactive) is a technology company headquartered in Boulder, CO that was founded in 2012. We were originally formed to provide the broadcast radio industry with digital consumer products (mobile apps and web applications) that increased radio listener engagement and generated new revenue for radio stations from synchronized audio-digital advertisements. The company is now developing new software technologies for audio media companies and consumers of audio media, more generally. The Company has developed an artificial intelligence (“AI”) platform on top of Google’s TensorFlow open source library that is being “taught” to know the difference between all types of audio content on the radio. The Company is leveraging this technology platform to bring to market a premium AM/FM radio listening experience through a product called the “Auddia App”. The Auddia App is intended to be downloaded by consumers who will pay a subscription fee and in order to listen to any streaming AM/FM radio station without commercials. Advanced features will allow consumers to skip any content heard on the station as well as use voice interface technologies to request audio content on-demand. We believe the Auddia App represents a significant differentiated audio streaming product that will be the first to come to market since the emergence of popular streaming music apps such as Pandora, Spotify, Apple Music, Amazon Music, etc.