remark holdings, inc. is primarily focused on the development and deployment of artificial intelligence-based solutions for businesses and software developers in many industries. in addition, the company owns and operates digital media properties that deliver relevant, dynamic content. the company is headquartered in las vegas, nevada, with additional operations in los angeles, california, beijing, shanghai, chengdu and hangzhou, china.
Company profile
Ticker
MARK
Exchange
Website
CEO
Kai-Shing Tao
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HSW International, Inc., Remark Media, Inc.
SEC CIK
Corporate docs
Subsidiaries
Remark AI, LLC • Remark Holdings • RAAD Productions, LLC • KanKan Holdings, Ltd. • ◦KanKan Limited • *KanKan Technology (Shanghai) Co., Ltd. • †Remark Data Technology Co., Ltd. • ▪Chengdu Remark Technology Co. Ltd. • ▪Hangzhou Shufeng Technology Co., Ltd. • HSW (HK), Inc. Limited ...
IRS number
331135689
MARK stock data
Latest filings (excl ownership)
10-K/A
2023 FY
Annual report (amended)
29 Apr 24
10-K
2023 FY
Annual report
15 Apr 24
8-K
Remark Holdings Announces Fiscal Year 2023 Financial Results
15 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
12 Apr 24
25-NSE
Exchange delisting
9 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
DEFA14A
Additional proxy soliciting materials
6 Mar 24
8-K
Entry into a Material Definitive Agreement
21 Feb 24
424B3
Prospectus supplement
16 Feb 24
EFFECT
Notice of effectiveness
15 Feb 24
Transcripts
MARK
Earnings call transcript
2023 Q3
20 Nov 23
MARK
Earnings call transcript
2023 Q2
14 Aug 23
MARK
Earnings call transcript
2023 Q1
22 May 23
MARK
Earnings call transcript
2022 Q4
17 Apr 23
MARK
Earnings call transcript
2022 Q3
15 Nov 22
MARK
Earnings call transcript
2022 Q2
15 Aug 22
MARK
Earnings call transcript
2022 Q1
16 May 22
MARK
Earnings call transcript
2021 Q4
1 Apr 22
MARK
Earnings call transcript
2021 Q3
16 Nov 21
MARK
Earnings call transcript
2021 Q2
24 Aug 21
Latest ownership filings
4
THEODORE P BOTTS
7 Sep 23
4
THEODORE P BOTTS
23 Aug 23
4
THEODORE P BOTTS
23 Jun 23
SC 13G/A
Rosen Lawrence I
14 Feb 23
SC 13G/A
Rosen Lawrence I
14 Feb 23
SC 13G/A
Rosen Lawrence I
14 Feb 22
SC 13G/A
Rosen Lawrence I
22 Feb 21
4
Ling Elizabeth Xu
5 Aug 20
4
THEODORE P BOTTS
5 Aug 20
4
Brett Ratner
5 Aug 20
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 270.00 k | 270.00 k | 270.00 k | 270.00 k | 270.00 k | 270.00 k |
Cash burn (monthly) | (no burn) | 8.83 k | 2.39 mm | 2.32 mm | 1.29 mm | 1.01 mm |
Cash used (since last report) | n/a | 63.20 k | 17.10 mm | 16.63 mm | 9.20 mm | 7.19 mm |
Cash remaining | n/a | 206.80 k | -16.83 mm | -16.36 mm | -8.93 mm | -6.92 mm |
Runway (months of cash) | n/a | 23.4 | -7.0 | -7.0 | -6.9 | -6.9 |
Institutional ownership, Q2 2023
5.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 26 |
Opened positions | 5 |
Closed positions | 4 |
Increased positions | 6 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 1.49 bn |
Total shares | 2.43 mm |
Total puts | 18.00 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Lee Ernest T. | 888.89 k | $1.08 mm |
Cutter & CO Brokerage | 630.71 k | $618.09 mm |
Vanguard | 357.81 k | $350.65 mm |
BLK Blackrock | 141.24 k | $138.41 mm |
Susquehanna International | 93.93 k | $92.05 mm |
Geode Capital Management | 89.19 k | $87.41 mm |
Cannell Peter B & Co | 76.34 k | $74.81 mm |
STT State Street | 34.49 k | $33.80 mm |
Millennium Management | 32.19 k | $31.55 mm |
VIRT Virtu Financial | 25.28 k | $25.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Sep 23 | Theodore P Botts | Common Stock | Buy | Acquire P | No | No | 0.6064 | 8,000 | 4.85 k | 21,982 |
21 Aug 23 | Theodore P Botts | Common Stock | Buy | Acquire P | No | No | 0.7127 | 3,800 | 2.71 k | 13,982 |
14 Jun 23 | Theodore P Botts | Common Stock | Buy | Acquire P | No | No | 1.2129 | 6,000 | 7.28 k | 10,182 |
12 Jun 23 | Theodore P Botts | Common Stock | Buy | Acquire P | No | No | 1.1794 | 50 | 58.97 | 4,182 |
Press releases
Remark Holdings Announces Fiscal Year 2023 Financial Results
15 Apr 24
Remark Holdings Sets Fiscal Year 2023 Financial Results Call for April 15, 2024, at 4:30 p.m. ET
8 Apr 24
Remark AI Launches its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP)
27 Mar 24
OTC Markets Group Welcomes Remark Holdings Inc. to OTCQX
8 Mar 24
Remark Holdings Enters into Cloud Services Agreement with Microsoft
29 Feb 24