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Added to YB: 2024-10-31

Pitch date: 2024-10-29

5253.T [bullish]

COVER Corporation

-15.36%

current return

Author Info

No bio for this author

Company Info

COVER Corporation engages in the virtual platform, VTuber production, and media mix businesses. The company provides VTuber Production, an agency that produces VTubers; Media Mix offers intellectual property for VTubers through planning and development of merchandise, licenses/tie-ins, comics, animation, and other activities; and Metaverse develops Holoearth, focusing on sandbox games that allow users to act freely in a virtual space.

Market Cap

JPY 174.8B

Pitch Price

JPY 1.8K

Price Target

N/A

Dividend

N/A

EV/EBITDA

19.67

P/E

33.71

EV/Sales

4.12

Sector

Entertainment

Category

growth

Show full summary:
Plug-in idols - COVER Corporation

5253.T: Leading VTuber agency w/ 47.5% rev growth, 65% EPS growth. Dominates YouTube streams (37.7M hrs/mo). Strong content & music, weak merch. Investing heavily in tech/expansion. 18% op margin vs competitor's 30%. High growth potential but costly internal ops. Watch costs/monetization.

Read full article (20 min)