/C O R R E C T I O N -- Cineverse Corp./
Cineverse launched VAUDIO™, a proprietary ad tech solution that transforms existing audio commercials into visual connected TV (CTV) placements, eliminating the need for traditional video shoots. Management believes VAUDIO™ can contribute up to $12 million in annual revenue at a 15 to 20 percent contribution margin, targeting that run rate by the end of the fiscal year.
Key figures
- Contribution margin
- 15% to 20%
- Projected annual revenue
- $12 million
AI analysis
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