Penny Stock Under Rs 50: Vertoz Completes Acquisition of Webimax LLC, Strengthening Its AI-Led Media Execution Capabilities in the U.S.

Vertoz Limited (NSE: VERTOZ) has officially completed the acquisition of an 80 per cent stake in New Jersey-based Webimax LLC through its subsidiary, Vertoz Inc. (USA). This strategic move establishes Webimax as a direct subsidiary of Vertoz Inc. and a step-down subsidiary of Vertoz Limited, though it will continue to operate as an independent unit. By integrating Webimax into its global execution framework, Vertoz aims to deepen its footprint in the U.S. market and enhance its managed media capabilities across both performance and brand channels.

The acquisition is a significant driver for financial growth, expected to contribute approximately USD 9.5 million (Rs 87 crore) in revenues and Rs 17 crore in annualised PAT to Vertoz’s consolidated performance. Beyond the financials, the partnership combines Vertoz's AI-driven intelligence with Webimax’s on-ground operational expertise to deliver more predictable, accountable business outcomes for clients. This transition strengthens Vertoz's evolution as a globally governed, AI-led media execution company focused on accelerating profitable growth and long-term shareholder value.

About the Company

Vertoz Advertising Ltd, a pioneer in the ad-tech industry since 2012, offers data-driven solutions for marketing, advertising and monetisation. Targeting digital marketers, agencies, and digital media businesses, Vertoz leverages cutting-edge technologies to provide a comprehensive suite of services. Their full-stack solutions, combined with strategic acquisitions, ensure a well-rounded product offering. As an AI-powered MadTech and CloudTech company, Vertoz caters to a diverse clientele, including businesses, digital marketers, agencies, publishers, cloud providers and tech companies. Their offerings encompass Marketing & Advertising Technology for achieving marketing goals and revenue streams and Media & Monetisation Technology for facilitating seamless ad buying and selling. With renowned platforms like IngeniousPlex, IncrementX, Admozart and Adzurite, Vertoz empowers businesses to thrive in the digital landscape.

The company has a market cap of Rs 418 crore and has delivered good profit growth of 43.2 per cent CAGR over the last 5 years. The stock has a 52-week high of Rs 112 per share and a 52-week low of Rs 47.12 per share.

Disclaimer: The article is for informational purposes only and not investment advice.