1. Jan & Feb 2018 'core' programmatic advertising revenue up 280% and 310% respectively on the prior months.
2. Influencer marketing business has already achieved its full year anticipated revenue in just 2 months. in the 30 Jan announcement post Sundance festival, they guided that annual revenue was expected to the $1.2m @ a margin of 55-60%. So to get there in 2 mths is good.
3. Cashed up & looking form some M& deals in USA and Asia. Hopefully stuff that already makes money!
4. 'Interactions' have increased from 42 to 82.
Thing to get used to with this Company is the working capital - they have to buy the inventory upfront! But it also says somewhere that they will be net cash +'ve this year. So a good start despite the delay in rolling things out due to the delay in receiving IPO funds.
They say they will be able to provide guidance shortly. I'll be very interested to see what the number is given these early growth rates. Total programmatic sales for 2017 was $8.8m with the legacy business presumably in run-off to nil shortly.
EN1 Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
