PR NEWSWIRE - CEO Chelsea Grayson has also announced her acceptance of the board's request to serve as Spark's permanent CEO. The company plans to focus on improving profitability through cost efficiency and increased Adjusted EBITDA margins. Grayson outlined several initiatives to achieve this, including solidifying a diversified core of meaningful brands, reallocating capital to more profitable marketing channels, and using the company's net operating losses to minimize taxable income. Q4 revenue was $41.6M, compared to $52M in Q4 2021. Net loss for Q4 was $17.2M, while full-year 2022 revenue was $187.8M, compared to $217M in 2021.
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