TLK exampleTLK is also a white label app provider to others like SLC is to retailers. Here is what Cormark has to say about TLK growth.
The Company is moving from the development to commercialization stage.
One of the early adopters of the Frankly platform is Victoria’s Secret PINK
brand where Frankly’s platform is embedded into the PINK mobile
application which has 4.5 MM subscribers. In total, Frankly claims to have
over 30 brands representing over 150 MM potential subscribers evaluating
the Frankly messaging platform. Fundamentally, we believe Frankly offers a
unique value proposition where enterprise brands can increase
engagement in their apps through messaging with the added benefit of
capturing information/analytics on their subscribers. We see its user base
next year scaling from 37 MM this year to 89 MM users. Given that growth
and user base, we believe the name has the potential to garner a valuation
comparable to other high growth messaging platforms where a valuation of
only 1/6th the comps would have TLK valued at C$6.00.