YANGAROO Inc V.YOO

Alternate Symbol(s): YOOIF

Communication Services

YANGAROO Inc. is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. It provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. Its Digital Media Distribution System (DMDS) platform is a patented cloud-based platform that provides customers with a centralized and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralized digital asset management, delivery and promotion. DMDS is used in the advertising, music, and entertainment awards show markets. Its ancillary production services include a short-form version for direct response customers and long-form digitization. It focuses on optimizing its television traffic instruction workflow and enhancing its television legal clearance offering.

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YANGAROO Inc > Price Action

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Comment by NickMTL1978on Jan 08, 2021 9:53am

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RE:RE:RE:RE:RE:RE:RE:Price Action

The federal government announced that they will offer their wage subsidy program until June 2021. Its means that the next 3 quarterly reports (if we consider Q4 2020) will be fuelled by this program.

I guess that we should expect good quarters from Yangaroo. Q3 2020 was not to shabby thanks to FED, so i would expect Q4 2020 and Q1 / Q2 2021 to be good as well.

Obviously, this will be temporary, but it will help Yangaroo to further improve its balance sheet, which could then be used to fuel growth for the next few years.

I think that the spike of the SP can be attributed to this.

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