Ticker: TEAD
Marketing aggregator for advertisers, agencies and publishers.
to 28.07.2021 20:00 [MSC]
Revenue
2019: 509,5m | 2020: 540,3m | six percent
20Q1: 95,6m | 21Q1: 126,6m | 32.five percent
Profit
2019: 55,3m | 2020: 111,5m | 101.eight percent
20Q1: -1,0m | 21Q1: 28,0m
Express withdrawal
Weak growth, but accelerating revenue. Good income growth.
Debts
0.4 debt / equity, at a rate of less than 2, good indicator.
Cash settlement
One-year assessment + neighborhood, i.e 1, twenty-five years.
Shares in circulation.: 238,10m
Revenue
2019: 509,5
21Q1: 571.3
Every Year's Growth: 9,6 %
Profit
2019: 55,3
21Q1: 140.6
Spending starting from calculations
2019: 454,2
21Q1: 430,7
Every Year's Growth: -4,2 %
Good Unit Economy, revenue grows faster than costs.
Further, taking into account the growth rate, we will calculate ten years of average annual growth and ten years of the terminal stage of four percent.. We reduce profit according to the rules for calculating discounted currency flows every year on 14,63 %, because it will be easier to invest in the index, but not to try fate with this startup.
Fair value per share $19.
IPO Spectrum: $18 -21.
Solution: do not participate, no growth potential to a fair price and the state is not the United States.
