NASDAQ$MARK

Remark Holdings Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Remark Holdings reported a 33% increase in fourth quarter revenue and a 58% year-over-year increase in annual revenue.

Remark Holdings reported a strong fiscal year 2021, with a 58% increase in annual revenue to $16.0 million and Q4 revenue of $6.3 million, representing a 33% increase compared to Q4 2020. The company's AI-powered solutions saw adoption across diverse industries, and the company anticipates continued growth in both US and China AI businesses for fiscal year 2022.

  • Q4 2021 revenue increased by 33% compared to Q4 2020, reaching $6.3 million.
  • Full year 2021 revenue increased by 58% to $16.0 million compared to 2020.
  • AI solutions were implemented in over 400 elementary schools in China by the end of 2021.
  • Remark AI achieved a top-five ranking in computer-vision testing conducted by the U.S. National Institute of Standards and Technology.

Headline financials

Total Revenue

$6.33M

Previous: -$1.65M+483.2%
EPS (adj)

-$3.90

Previous: -$0.60-550.0%
Capital Expenditures

$68K

Previous: $119K-42.9%
Free Cash Flow

-$10.1M

Previous: -$3.63M-178.6%
Net Income

$27.5M

Previous: -$5.86M+568.8%
Operating Income

-$13.9M

Previous: -$4.82M-188.6%
Gross Profit

$4.5M

Previous: -$5.17M+187.1%
Cash & Equivalents

$14.2M

Previous: $854K+1561.2%
Total Assets

$75.5M

Previous: $11.3M+567.5%
Stock-Based Comp

$563K

Previous: $530K+6.2%

Revenue & EPS history

Remark Holdings · Revenue · Quarterly

$6.33M

Q4 2021-483.2%vs Q4 2020
Beat estimate in 3 of 7 quarters(43%)
ActualEstimate

Revenue by segment

Remark Holdings · $11.4M total across 1 segment · Q4 2022

  • China
    $11.4M

Forward guidance

For fiscal year 2022, Remark anticipates continued growth in both US and China AI businesses and has a robust pipeline of business opportunities in Europe. The company will also be introducing several new initiatives in the NFT and metaverse spaces.

Tailwinds

  • Continued growth in US and China AI businesses.
  • Robust pipeline of business opportunities in Europe.
  • New initiatives in the NFT space.
  • New initiatives in the metaverse space.
  • AI technology powering new initiatives.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-4.8%

Avg return

Earnings day

-5.5%

Avg return

5 days after

+2.1%

Avg return

30 days after

28%

11 / 39 earnings

Positive

+19.1%

Q3 2020

Best reaction

-94.3%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025-94.3%+0.0%+2.0%
Q4 2024+0.0%+5.8%+26.9%
Q3 2024-7.7%-13.3%-21.9%
Q2 2024+8.6%+2.9%+9.8%
Q1 2024-16.0%-11.9%-23.3%
Q4 2023-1.9%-4.2%+152.4%
Q3 2023-9.4%-13.5%-21.4%
Q2 2023-10.6%-15.1%-34.9%
Q4 2022-14.0%+4.3%+0.0%
Q1 2023-14.0%-19.6%-18.2%
Q3 2022+0.0%-4.2%-39.8%
Q2 2022-5.9%-16.7%-30.7%
Q4 2021-10.5%+8.5%-6.2%
Q1 2022-10.5%-12.1%-33.2%
Q2 2021-10.5%-12.1%-33.2%
Q3 2021-3.8%-16.0%+99.1%
Q1 2021+9.6%+0.0%+6.9%
Q4 2020-7.5%-6.5%+55.8%
Q3 2020+19.1%+21.7%+72.2%
Q1 2020+9.7%-30.9%-28.4%
Q2 2020-0.4%+2.2%-40.7%
Q3 2019-1.3%-13.3%-24.9%
Q2 2019-10.5%-25.1%+18.5%
Q1 2019-0.8%-9.2%-26.8%
Q3 2018-6.0%-52.4%-55.3%
Q2 2018+2.8%+5.4%-10.3%
Q1 2018-13.9%-18.3%-3.7%
Q3 2017+0.8%+63.0%+119.0%
Q2 2017-1.9%-2.5%-1.1%
Q1 2017+4.7%+0.0%-14.7%
Q3 2016-1.4%+5.0%-19.6%
Q2 2016+1.3%+2.7%-6.2%
Q1 2016
Q3 2014
Q4 2012+3.1%
Q2 2011+0.4%
Q1 2011-2.2%
Q4 2010-0.5%
Q3 2010+13.9%
Q2 2010-2.5%
Q1 2010-3.7%

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