Added to YB: 2025-04-01
Pitch date: 2024-12-31
APP [neutral]
AppLovin Corporation
+24.65%
current return
Author Info
No bio for this author
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
$331.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
34.43
P/E
43.31
EV/Sales
26.97
Sector
Software
Category
growth
Munro Global Growth Small & Mid Cap Fund Portfolio Holding: AppLovin Corporation
APP (holding update): Mobile app tech co. w/ 1.4B daily users. Axon 2.0 AI driving superior ad ROI, accelerating revenue & margins. E-commerce ad beta showing promise, potentially doubling TAM. 20-30% rev growth guided, but market excited about upside. Analysts raising estimates, but still room for earnings upside given growth & margin leverage.
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