Adcore Inc T.ADCO

Adcore article

[Torontojay]

I thought I'd share this article to anyone thinking about investing or is already a shareholder. 

https://medium.com/right-way-investing/can-adcore-be-a-40-bagger-555a4719a357

[TruthInNumbers]

Solid article. Although a little dated. We need a more current one from a reliable source. The only articles I've found on Adcore are written by freelance writers without any official credentials.

[rowdyrhino]

That's right.  The progression of ownership is retail investors -> small institutions -> large institutions. You have discovered ADCORE in the "retail investors" stage.  Eventually "small institutions" will come in and a professional analyst will cover the stock and write up a very professional five year projection.  At that point we "retail

[TruthInNumbers]

Why are you so confident in this company?

[rowdyrhino]

In Q2 of 2020, when Covid was a global menace, ADCORE's revenue was down 50%, yet they cut expenses and turned a decent EBITDA profit. They lost their biggest customer near the end of 2020, accounting for roughly half their revenue, and still they declared they would show a 15% YoY growth in revenue for 2020. This company is founder led, has $7M cash, puts more money in the bank every Q.