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VerticalScope Holdings Inc T.FORA

Alternate Symbol(s):  VFORF

VerticalScope Holdings Inc. is a technology company. The Company is engaged in building and operating a cloud-based digital platform for online communities. The Company helps people with common interests to connect, explore their passions and share knowledge about the things they love. The Company has built a portfolio of approximately 1,200 online communities and over 90 million monthly active users. It has communities of interests in automotive, outdoor, power sports, home, health and technology. It offers services, including influencers/enthusiasts, lifestyle videos, why-buy videos, list videos, written content and distribution. The Company also has a particular interest in purchasing online communities in various consumer categories. Its flagship Alloutdoor content site is home to passionate outdoor enthusiasts who share their experiences, discuss gear and research product purchases on everything from fishing, to hunting to camping and more.


TSX:FORA - Post by User

Post by retiredcfon Jun 05, 2024 6:29pm
150 Views
Post# 36074103

Donville Details

Donville DetailsFirst stock in the clip; he and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/jason-donville-s-top-picks~2935039

VerticalScope Holdings (FORA-TSX)

VerticalScope owns and operates a portfolio of online forums that have over 113 million active users. The company is highly profitable and is able to re-invest those profits by acquiring less well-run forums and transitioning them to their tech stack and optimizing their revenue. With the growth in AI, VerticalScope’s most valuable asset is their data, with over 2 billion user-created posts. Similar to Reddit, we expect VerticalScope to sign data licensing agreements with the leading LLMs.

TOP PICK
VerticalScope Holdings(FORA-T)
05/06/2024
 
Manages online communities. Most of those communities have a chat section, and ChatGPT can be used to provide curated information. The Reddit of Canada, 1/8 the size. Trades at 5.5x earnings, a $9 stock. Multiple expansion could easily take it to $25. Sitting on a potential goldmine. No dividend.
 
Big, bright future. In his opinion, Reddit isn't of as high a quality, so FORA isn't really competing with the much larger RDDT.
(Analysts’ price target is $13.06)

Jason Donville
$10.440
Owned
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