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Mobivity Holdings (Mobivity Holdings) Interest Expense : $-1.19 Mil (TTM As of Mar. 2024)


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What is Mobivity Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mobivity Holdings's interest expense for the three months ended in Mar. 2024 was $ -0.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.19 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mobivity Holdings's Operating Income for the three months ended in Mar. 2024 was $ -1.81 Mil. Mobivity Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -0.40 Mil. Mobivity Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mobivity Holdings Interest Expense Historical Data

The historical data trend for Mobivity Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mobivity Holdings Interest Expense Chart

Mobivity Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.29 -0.27 -0.74 -1.03

Mobivity Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.24 -0.24 -0.24 -0.31 -0.40

Mobivity Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.19 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mobivity Holdings  (OTCPK:MFON) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mobivity Holdings's Interest Expense for the three months ended in Mar. 2024 was $-0.40 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $7.61 Mil.

Mobivity Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mobivity Holdings did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Mobivity Holdings (Mobivity Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3133 West Frye Road, Suite 215, Chandler, AZ, USA, 85225
Mobivity Holdings Corp develops and operates proprietary platforms over which enterprises conduct data-driven mobile marketing campaigns. Its proprietary platforms, consisting of software available to phones, tablets, PCs, and Point of Sale ('POS") systems, allow resellers, brands and enterprises to market their products and services to consumers through text messages sent directly to consumers via mobile phones, mobile smartphone applications, and dynamically printed receipt content. The company generates revenue by charging the resellers, brands and enterprises a per-message transactional fee, through fixed or variable software licensing fees.
Executives
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
William T. Sanchez officer: CHIEF FINANCIAL OFFICER C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Skye Fossey-tomaske officer: Interim CFO 3133 WEST FRYE ROAD, SUITE 215, CHANDLER AZ 85226
Talkot Capital, Llc 10 percent owner 2400 BRIDGEWAY, SUITE 300, SAUSALITO CA 94965
Lynn M. Tiscareno officer: Chief Financial Officer C/O MOBIVITY HOLDINGS CORP.,, 55 NORTH ARIZONA PLACE #310, CHANDLER AZ 85225
Charles B Mathews officer: CFO 1660 E. TRADEWIND CT., GILBERT AZ 85284
Dennis Ronald Becker director, officer: CEO 8929 AERO DRIVE, SUITE E, SAN DIEGO CA 92123
Van Epps William M director 2002 PAPA JOHNS BOVD, PO BOX 999000, LLOUISVILLE KY 40269-0900
Christopher Meinerz officer: CFO 8700 E. VISTA BONITA DRIVE, SUITE 260, SCOTTSDALE AZ 85255
Michael K Bynum director, officer: President P.O. BOX 28, SPRINGER OK 73458
Philip Guarascio director
Tim Schatz officer: Chief Financial Officer 8929 AERO DRIVE, SUITE E, SAN DIEGO CA 92123
Peter S Brodsky director C/O HM CAPITAL PARTNERS, 200 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Porter Capital Management Co 10 percent owner 300 DRAKES LANDING ROAD, SUITE 171, GREENBRAE CA 94904
Geri Suster officer: Chief Operating Officer 58 W. BUFFALO ST, SUITE 200, CHANDLER AZ 85225