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YANGAROO Inc V.YOO

Alternate Symbol(s):  YOOIF

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.


TSXV:YOO - Post by User

Comment by NickMTL1978on Aug 31, 2021 8:48am
131 Views
Post# 33786971

RE:RE:RE:Q2'2021 Results

RE:RE:RE:Q2'2021 ResultsLooks like acquisitions will be on the backburner for a while. 

I take this paragraph as an indication that growth short term will come from new technologies developed in-house: "As part of the next phase of growth we are now working on several industry specific integration and technology innovations to enhance our current service offering which we expect to fuel volumes and revenue with our expanded list of advertising clients and new prospects."

While i am not against it, this will drive expenses (salaries and consultants) up. If we look at this specific type of expenses, once we lose help from the government, we will struggle to make a profit. It remains to be seen. I guess they are banking on the return to pre-level revs from both the DMS division and Yangaroo to make it work. Fingers crossed.
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