09:19 AM EDT, 03/20/2024 (MT Newswires) -- Adcore Inc. ( ADCOF ) , an e-commerce advertising management and automation platform to leverage digital marketing, on Wednesday reported fourth-quarter earnings of $74,000, or $0.001 per diluted share attributable to shareholders, as compared with a loss of $520,000, or $0.008 per diluted share attributable to shareholders, a year earlier.

Revenue for the quarter ended Dec. 31, 2023, was $9 million, up from $8.8 million a year earlier.

Adjusted EBITDA for Q4 was $483,000, down from $605,000 a year earlier.

As of Dec. 31, 2023, the company's cash and cash equivalents were C$8 million, down from C$8.8 million for the year ended Dec. 31, 2022.