Professional
Added to YB: 2024-11-19
Pitch date: 2024-11-18
APP [bullish]
AppLovin Corporation
+127.13%
current return
Author Info
No bio for this author
Company Info
AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally.
Market Cap
$220.7B
Pitch Price
$295.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
growth
SaltLight Capital Portfolio Holding: AppLovin Corporation
APP: AI-driven ad platform w/ 1.4B mobile users. Optimizes game ad targeting, growing industry. Zero marginal cost & performance-based model create win-win. Expanding to e-commerce could disrupt Google/Meta duopoly. Unique in-app ad engagement potential. New opportunity vector for growth.
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