Added to YB: 2024-05-28
Pitch date: 2024-05-21
ADCO.TO [neutral]
Adcore Inc.
-54.17%
current return
Author Info
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Company Info
Adcore Inc. operates as a media and marketing technology company worldwide. The company offers Feeditor for creating and editing feeds; Feeditor Plus+ for enterprise e-commerce businesses; Views, a search engine marketing solution; Views Cockpit, a platform for an overview of Microsoft Advertising account data; Semdoc, an account auditing tool; and Effortless Feed, a marketing solution for Shopify and WooCommerce store owners.
Market Cap
CAD 5.0M
Pitch Price
CAD 0.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.85
P/E
-2.90
EV/Sales
0.10
Sector
Software
Category
N/A
ADCORE $ADCO.TO (2.5/5)
Adcore (ADCO.TO) update: Rev flat YoY at $5M, but GP +13% on 500bps margin expansion to 45%. R&D +46%, G&A +3.5% offset gains. Loss narrowed to $295k. Still concentrated with top 3 clients = 42% rev. NA +30%, EMEA -18%. CEO $550k fees high. Lack of growth targets. 2.5⭐️ on cash flow neutral & near breakeven.
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