Logiq Goes “Beyond The Deck” In Anticipation of Uplisting To NASDAQ Via SPAC Merger Valued At $114 Million, 2022 Revenue Guidance $40M - $50M

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Logiq $LGIQ is the AGORACOM of the e-commerce marketing world. Just as AGORACOM helps small-mid cap companies win the attention of investors. Logiq is an award winning company that helps SMB’s compete against megabrands in e-commerce

Currently, mega brands control almost 70% of the US market e-commerce market alone and are using their strength to win even more market share, making it harder for SMBs to compete in this massive market

Logiq is addressing that problem by helping drive e-commerce for SMBs around the world - and delivering real financial success in the process as follows:

FINANCIAL HIGHLIGHTS

Q1-22

• Consolidated revenues $8.1 million
• Gross profit increased 46.0% to $1.1 million

Q2-22

• Revenue $4.9 million
• Gross margins increased 730 basis points to 36.8%

2022 Revenue Guidance

• $40M - $50M
• reaching breakeven EBITDA run rate by end 2022
• attaining profitability in early 2023

This guidance is pretty reasonable considering the fact $LGIQ generated $37.3M in revenue in 2021 OR $23M after you subtract revenue from their AppLogic spin out.

UPLISTING TO NASDAQ AT VALUATION 10X CURRENT MARKET CAP

Given all this great success, it should come as no surprise that $LGIQ Announced Plans to List on NASDAQ via Merger with Abri SPAC I.

Highlights of the transaction include:

• Dlq Will Change Its Name To "Datalogiq, Inc."
• Abri Will Issue 11.4 Million Shares In Exchange For Dlq Shares
• At $10 Per Abri Share, The Valuation Of Dlq Is $114 MillionCurrent Market Cap Of $11.4 Million (SEPT 26, 2022)
  
• The Transaction Is Expected To Close In The First Quarter Of 2023

Want to learn more?

Listen our Beyond The Deck Presentation With Logiq Chief Executive Officer, Brent Suen.