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YANGAROO Inc YOOIF


Primary Symbol: V.YOO

YANGAROO Inc. is a Canada-based software company in media asset workflow and distribution solutions for the advertising, music, and awards industries. The Company provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. The Company's patented Digital Media Distribution System is a secure, cloud-based business-to-business solution that offers production services, traffic management, clearance, delivery, analytics, and secure API integration, addressing various video and audio workflow challenges in the industry. It provides production, and tape and hard disk drive (HDD) services. Its production services include closed captioning and subtitling, audio description, tagging, versioning and conversions. Its tape and HDD services include storage and archive, preservation, digitalization and mastering, authoring and duplication. The Company has operations in Canada and the United States.


TSXV:YOO - Post by User

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Comment by HisNoodlinessTheFlyingSpaghettiMonsteron Aug 27, 2022 10:50am
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Post# 34924442

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q4

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q4We didn't pick up an ad agency, it was a competitor. They gave us some clients, but also production services infrastructure, which allowed us to be more full service offering. It was a decent deal in terms of what was paid, I just think in hindsight it would have been smarter to fund it via equity, but not sure if that was an option. I know it would've diluted us, but it hedges against this macro risk. Everything will be ok if we are capable of picking up a few huge clients. But the management gives very little visibility on progress in that regards. Just claiming that there are "future prospects." We need some guidance if the analytics side will be monetized and is being received well. Results must be disclosed in the next week, maybe we will hear something in the conference call.
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