Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:ADCO - Post Discussion

Adcore Inc > Q1 Earnings

View:

Post by TruthInNumbers on May 17, 2021 5:54pm

Q1 Earnings

Any opinions? Revenue increase is similar to Q4 2020 but not profitable.

114

Comment

Comment by Torontojay on May 17, 2021 9:32pm

Revenue for q1 was $ 6,807k (us) which is in line with my estimate of between $6-7 million. Gross profit came in flat relative to last year or from $1576 this year to $1575 last year. Sales, general and administrative increased by $163k which can be mostly explained by the new office in Shanghai and acquiring new customers as part of their growth strategy. In order for the company to ...more

164

Comment

Comment by Dara7Dara on May 17, 2021 11:17pm

Nice analysis and good insights Torontojay! I am even more confident now :) And loved the summary quote you provided because it's so true: "This is a classic capital compounding machine that in the long run will showcase its true potential for the patient investor" What you wrote and what Donville Kent wrote too in their analysis makes me think Adcore is a good candidate for what ...more

111

Comment