CTV 0.00% 0.8¢ colortv limited

Ann: EN1 Market Update on Revenue Growth, page-38

  1. 6,564 Posts.
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    from today's announcement, the revenue and profitability will be the opposite to 2018, expect a big year.

    "Management expected full volume capacity with all publishers within 30 to 60 days from 18 March 2019. At that time, the revenue expectation was US$30k (~A$42k) per day. Management will be testing its new Ai technology to reduce margins to increase sell-through and increase margins further to accommodate higher gross profits to find the optimal balance.

    The fourth quarter of the year is typically the largest for advertising companies in the U.S., from a revenue standpoint. EN1 expected Q4 2018 to be strong, however, due to limited capital, the Company was unable to deploy cash to activate key publishers during that time. Average programmatic advertising daily revenue during this period was about US$16k (~A$23k)."
 
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