WebMay 25, 2024 · Naidrich joins the Troika Executive Team to oversee the Company’s global finance and enterprise functions and will be reporting to Sid Toama, Chief Executive Officer and President of Troika. WebFeb 27, 2024 · And today, the combined firm is expected to produce around $22.8 million in operating profits. The company counts Converge’s former chief operating officer, Sadiq (Sid) Toama, as its new CEO. Usually, a firm like Converge Direct would be worth somewhere between 4x-6x EV/EBIT in private markets and 5x-10x EV/EBIT in public ones.
Troika Media stock climbs on $75M credit facility to fund Converge …
WebMar 22, 2024 · Converge's management team have entered into long-term Employment Agreements and will take an active leadership role in the combined business. Sid Toama, … WebFeb 22, 2024 · Sid Toama, TMG's Chief Executive Officer, stated, "We have refined our business model since the acquisition of Converge Direct in second quarter 2024 to take advantage of sustainably higher margin opportunities to meaningfully improve strategic and financial results.We believe that now is the time to explore opportunities to optimize our … csereprogram
TRKA Stock: Have Retail Investors Found a Gem in Troika Media …
WebJun 6, 2024 · We have been rapidly implementing the same efficient and scalable operational structure that supported Converge’s growth and I look forward to continuing … WebDec 31, 2024 · Converge’s management team have entered into long-term Employment Agreements and will take an active leadership role in the combined business. Sid Toama, … WebMar 12, 2024 · The company followed up with an amended employment agreement with CEO Sid Toama — Converge LLC’s rainmaker — to offer a retention bonus if a financing agreement is reached. This further confused the market. Shares closed Feb. 23 at 26 cents. But then retail investors realized they were sitting on a mispriced short squeeze. dyson vacuum air flow rate