BALTIMORE, MD / ACCESSWIRE / September 25, 2020 / Goldman Small Cap Research, a stock market research firm specializing in the small-cap and microcap sectors, announced today that it has released a new company report on Findit, Inc. (OTCPINK:FDIT). Findit is a full-service social networking management platform and online marketing service. After spending a few years under the radar, Findit, Inc. appears set to disrupt the Social Media Management segment, slated to reach $17.7 billion in revenue in 2023. This report carries a price target. To view the new research report, along with disclosures and disclaimers, or to download it in its entirety, please visit https://bit.ly/3cuPRX3.
Findit.com is a highly successful social media and networking content management platform. The Company's scalable, solution-based disruptive platform offers users innovation that dramatically improves social media awareness and marketing outcomes as compared with the standard-bearers. Findit's approach exposes the flaws inherent in the models of the leading players and enables SMBs and individuals to post and share content across 80 social platforms and get indexed by top search engines Google, Yahoo! and Bing. Thus, users' web presences are enhanced due to improved search and social media indexing. Plus, the unique leverage of the platform can take users' presence to an unmatched level in rankings and reach.
In the Opportunity Research report, analyst Rob Goldman discusses how Findit is set to emerge as a disruptive force in the social media management industry and the methodology behind its price target.
Goldman noted, "Findit appears to have designed a better mousetrap for SMBs and individuals, improving outcomes and business conversions compared to typical methods and offerings. Thus, it serves as Ground Zero for businesses and influencers to build their brand. The Findit platform enables users to post, share, and manage content and have social media posts and other content indexed by the largest search engines."
"Company-specific features such as vanity URLs and Keyword URLs enhance users' reach and visibility and are major differentiators, commented Goldman. "New target markets, features, capabilities, and best value in the class should enable broad membership sign-ups and foster top-line growth."
"Boasting extremely high gross margins in the 70%+ range, we forecast revenue will reach $9.9 million in 2022, with net income of around $5 million. Our six-month price target, which is roughly five times greater than current levels, reflects a discount to Findit's peer group valuation. If Findit achieves its growth trajectory, it could ultimately emerge as a takeover candidate," Goldman concluded.
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small-cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
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This press release contains excerpts of our most recently published company report on Findit, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Findit, Inc. ("the Company"). The information includes authorized press releases or legal disclosures made in their filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about the Company, we may, from time to time, include our own opinions about the Company, its business, markets, and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
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Rob Goldman, Analyst
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SOURCE: Goldman Small Cap Research
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