Added to YB: 2025-01-09
Pitch date: 2025-01-08
APP [bearish]
AppLovin Corporation
-31.01%
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 provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$146.6B
Pitch Price
$315.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
34.43
P/E
43.31
EV/Sales
26.97
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)