Analyst Articles

Moovly – Product Potential Overshadowed by Quarterly Sales Drop

Revenue was down 20% year-over-year as COVID-19 sales bump eases. Moovly’s sales for the quarter were $0.30 million, a decrease of 20%, compared to $0.37 million in the same quarter a year ago, and lower than our estimate of $0.70 million. We are lowering our sales estimates and target price but still believe there are large revenue opportunities with Enterprise clients and Marketing agencies. [more]

DCM - Initiation Report
Analyst Articles

Digital-First Strategy and Tactical Consolidation Drives EBITDA Growth at DCM

DCM is a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The Company is implementing a “Digital-First” strategy and leveraging its existing platforms for direct-to-print applications, marketing and workflow management, and Digital Asset Management (DAM) solutions. We are Initiating Coverage on DCM with a Buy rating and one-year price target of $3.60/share. [more]

Peak-PKK-NASDAQ
Analyst Articles

NASDAQ Listing & $100M Sales Guidance Fuels Peak’s H2/21

Stock price up over 700% year-over-year. Peak’s management believes that the NASDAQ listing will attract new tech-centric institutional shareholders. Peak releases Revenue & EBITDA guidance and forecasts revenue of $104M in 2021 with EBITDA of $12.5M, ramping up to $624M of revenue in 2023 with EBITDA of $155M. Recent $52.6M financing to “unlock” new expansion and partnership opportunities. We are increasing our one-year target price to $11.00 from $4.80. [more]

StageZero Valuation Report logos
Analyst Articles

StageZero Valuation Report Pegs Stock Price Between $0.67 and $14.14

eResearch published a 27-page Valuation Research Report on StageZero using three valuation methodologies: (1) Comparative Company Analysis using Revenue, (2) Prior Mergers and Acquisitions Analysis, and (3) Discounted Cash Flow. Using the three methodologies and various revenue & growth assumptions, the results estimated the stock price between $0.67 and $14.14. [more]

EQ - Q1-2021 update report
Analyst Articles

EQ Works – Data Revenue Increases 12% Year-over-Year as EQ Forecasts 60% Revenue Growth Next Quarter as Retail Reopens

14-page Update Equity Research Reports on EQ’s Q1/2021 financial results. EQ’s data solutions revenue, recently its fastest-growing segment, increased 12% year-over-year to $0.48 million in Q1/2021. Due to seasonality & COVID-19 impacts, overall revenue for Q1/2021 was $1.75 million, down from $2.20 million in Q1/2020 but slightly higher than our estimate of $1.70 million. [more]

Analyst Articles

Renforth’s Drill Results at Parbec Continue to Build on Existing “Gold in the Ground”

Renforth continues to release drill results from its current 15,569m drill program aimed at growing its NI 43-101 project resource of 281,800 gold ounces at 1.77 g/t. The drill program is focused on infill drilling, extending the resource at depth, and twinning some previous drilling from 1986 to 1993 in order to incorporate those results into a new resource estimate, which will be completed upon receipt of all the assays, presently 16 holes remain outstanding. [more]