Added to YB: 2024-05-28
Pitch date: 2024-05-21
ADCO.TO [neutral]
Adcore Inc.
-31.25%
current return
Author Info
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Company Info
Adcore Inc., an advertising technology company, provides automated solutions for day-to-day search engine marketing tasks worldwide.
Market Cap
N/A
Pitch Price
CAD 0.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Software
Category
N/A
ADCORE $ADCO.TO (2.5/5)
Adcore (ADCO.TO) update: Rev flat YoY at $5M, but GP +13% on 500bps margin expansion to 45%. R&D +46%, G&A +3.5% offset gains. Loss narrowed to $295k. Still concentrated with top 3 clients = 42% rev. NA +30%, EMEA -18%. CEO $550k fees high. Lack of growth targets. 2.5⭐️ on cash flow neutral & near breakeven.
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