Added to YB: 2025-01-09
Pitch date: 2025-01-08
APP [bearish]
AppLovin Corporation
-112.91%
current return
Author Info
The Captain's Log is run by Lauren Balik and shares independent investment research (mostly shorts). Sign up for the newsletter.
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
$315.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
N/A
AppLovin (NASDAQ: APP) is a Round Tripping Hellhole
APP short: Alleged money laundering scheme via mobile game ad network. Circular revenue from related Cypriot/Belarusian studios. Games optimized for click farms, low-quality content. Hypercasual genre declining. CFIUS concerns, questionable foreign ties. Unsustainable model relying on inter-network ad circulation.
Read full article (9 min)