Added to YB: 2024-07-09
Pitch date: 2024-07-08
APP [bullish]
AppLovin Corporation
+683.04%
current return
Author Info
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
$85.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
growth
AppLovin Corporation - $APP
APP: Mobile ad platform w/ 200+ games for 1st-party data. Software biz (70% EBITDA margin) growing 90% Q4. FCF margins 30%+. Non-gaming/app rev accelerating. AXON 2.0 AI engine boosting growth. Risks: ad landscape changes, VR shift. Foroughi owns 8%. Concerns: acquisition-heavy, past sale attempts. Strong financials, but complex history.
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