RE:RE:RE:RE:Confused Torontojay wrote: Torontojay wrote:
oldinvestor64 wrote: same with MGNI, up significantly following their results two days ago .
AT must deliver te 30 % growth next Tuesday in order to appease the market
The growth will begin in q1 and more so in the second half of the year. I estimate they will earn about $34 million in q4 which is slightly lower than last year but ebitda should be between 6-8 million for the quarter up from 6 million last year.
We are still much cheaper on price to sales and price to ebitda on either The Trade Desk or Magnite. The gap and future Nasdaq listing will narrow after q4 announcements.
this should read:
sales of 34 million and ebitda of 6-8 million in q4.
keep in mind they were heavily concentrated on the travel and hospitality sectors which are typically heavy spenders in q4 and this business will scale down significantly. The business will really take off by the second half of the year.
Hold on to those shares :)
This was my post a few days ago. The fourth quarter earnings was exactly what I had predicted and it actually surprised me with Ebitda closer to 8 million. I was expecting sales to be lower due to the travel and hospitality industry reducing or eliminating their advertising budget.
I took the opportunity to buy more shares and I believe this will be one of the smartest decisions I've made this year.
Here is the exciting part. The second half of the year will be monstrous. Not only are their existing clients spending more than last year but you will see additional contributions from the travelling/hospitality side. I am predicting we will achieve sales of $130-$150 million for the year and net revenue of 70-80 million. If we use a 25 times net sales number, then we get a share price of
70*25/52 ~ $33.65 on the low end and 80*25/52 ~ $38 on the high end. I believe we could be over $40 with a Nasdaq listing and after q1 or q2 is released.