Added to YB: 2026-10-07
Pitch date: 2026-10-02
DMRC [bullish]
Digimarc Corporation
+3.08%
current return
Author Info
Welfare Capital Research is a generalist investing in quality businesses with unique, in-demand services and attractive match-ups against competition. Sign up for the newsletter.
Company Info
Digimarc Corporation provides digital identity and authentication solutions in the United States and internationally.
Market Cap
$143.0M
Pitch Price
$6.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.13
P/E
-4.47
EV/Sales
4.42
Sector
Software
Category
growth
Card Shark - Digimarc Corp. (DMRC)
DMRC (trimmed position): Digimarc’s gift-card anti-fraud watermarking could generate an estimated $100M of recurring royalty revenue at 1B cards and $0.10 each, versus a current $150M enterprise value; Schnucks’ pilot reported 100% successful activation and no fraud. Rollout timing, scanner-software constraints and another capital raise remain unresolved; the 5% position will be reduced at a small loss to a tracking stake after two 16%+ up days, while waiting for a potentially cheaper entry.
Read full article (10 min)