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SRAX Reports 219 % Year - Over - Year Revenue Growth for Third Quarter 2021 November 15 , 2021 2:54 PM EST LOS ANGELES -- ( BUSINESS WIRE ) -- SRAX , Inc. ( NASDAQ : SRAX ) , a financial technology company that unlocks data and insights for publicly traded companies through Sequire , its SaaS platform , is providing unaudited financial results for Q3 , today , November 15th , 2021 . Third Quarter 2021 and Recent Operational Highlights and Guidance ● ● ● Revenue for Q3 of $ 8.3M , up 219 % year - over - year , 8 % sequentially quarter - over - quarter . Q4 revenue guidance of $ 10.1M , reaffirming full year guidance , and increasing target to $ 31.5M . Sequire bookings of $ 8.9M for Q3 with record Q4 bookings of $ 12.5M as of today . Projection of an additional $ 4M during the 4th quarter , bringing the total booked in Q4 to $ 16.5M . 12 consecutive quarters of Sequire revenue growth . Currently holding approximately $ 29M worth of marketable securities , as of today . 250 public companies / partners have subscribed to Sequire , up 25 since the Q2 release . Launched IR Website Builder , SMS Communication platform and VIRA , an chatbot . Hosted in - person LD Micro Event with over 750 in - person attendees and 12K virtual attendees . SRAX less BIGtoken , Three months ended September 30 , 2021 Total Revenue was $ 7.7M , an increase of 278 % as compared to the same period last year and an increase of 5 % sequentially quarter - over - quarter . ● Gross Margin was 79 % as compared to 56 % in the same period last year . ● Operating Expenses were $ 5.6M as compared to $ 4.2M in the same period last year . ● EBITDA of $ 940,000 for an increase of $ 2M vs. ( $ 1.1M ) in Q3 2020 . Consolidated , Three months ended September 30 , 2021 Total Revenue was $ 8.3M , an increase of 218 % as compared to the same period last year , and an increase of 8 % sequentially quarter - over - quarter . ● Gross Margin was 78 % as compared to 67 % in the same period last year . ● Operating Expenses were $ 8.1M as compared to $ 4.2M in the same period last year . ● EBITDA increase of $ 1.1M , ( $ 790K ) vs ( $ 1.9M ) in Q3 2020 .