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Adcore Inc T.ADCO

Alternate Symbol(s):  ADCOF

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.


TSX:ADCO - Post by User

Comment by Torontojayon Mar 18, 2021 9:12am
123 Views
Post# 32824555

RE:RE:RE:RE:RE:ADCORE Rings the Opening Bell

RE:RE:RE:RE:RE:ADCORE Rings the Opening Bell

It looks pretty good Stuator. I would just add that q4 should bring revenues of approximately $6.2 m (us) to give us that 15% year over year growth in 2020. 

$1us=$1.24 cad 

total revenue is approximately $13 m (us) for the year. With the new offices in Shenghai and a possibility that the loss client may return in the second half of the year, I feel positive about the possibility they could double their revenues for 2021. 

In my estimation I assumed they could achieve gross profit of $15m for 2021. We are probably between $8-9 m (us)  in Gp at the moment for 2020. 

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