Adcore Inc T.ADCO

Alternate Symbol(s): ADCOF

Technology Software - Application

Adcore Inc. is an artificial intelligence (AI)-based marketing technology company. It offers a digital marketing solution that helps entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum return on investment. Its suite of software-as-a-service (SaaS) products provide digital advertisers with smart algorithm-powered automation tools and reporting and analytics to help them improve online advertising effectiveness, maximize their return on advertising investment, and scale-up their digital campaigns. It offers four SaaS solutions and one platform in the EdTech space. Its marketing cloud services include Feeditor, Semdoc, Alerter, Media Blast, Views and Effortless Marketing. SEMDOC provides advertisers with an account auditing solution, utilizing both machine learning and smart algorithms to formulate key insights and metrics on the account and campaign level.

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Comment by rowdyrhinoon Feb 11, 2021 1:45pm

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Post# 32542433

RE:RE:RE:RE:Adcore article

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. The CEO, founder owns 73% still.

ADCORE's newly opened Asia office is growing revenue very rapidly. This company has weathered serious storms and come shining. Even after this run up EV / Revenue would be around 7X compared to a 40X to 50X for TTD.

What's not to like?

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