Entertainment

In this short video, Chris Thompson of eResearch talks about Datable’s continued revenue growth and transformative deal and eResearch’s 19-page Equity Research Report that covers an in-depth analysis of the company, a detailed overview of its Q3/2022 financial results, and its merger with Local Marketing Solutions Group. [more]

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. On September 30, Datable announced that it signed an LOI to acquire LMSG for $14.35M in an all-stock deal at a deemed share price of $0.05 that valued LMSG at approx. 1.0x 2022E revenue. The combined company is expected to have pro-forma 2022 consolidated revenue of over $18 million with positive EBITDA in 2023. [more]

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. Datable’s revenue increased by 90% Y/Y in Q4/2021 and 79% Y/Y for 2021. Revenue in Q1/2022 increased by 28% Y/Y and the Company already has nearly $3.0 million in recognized revenue under contract for 2022. However, Datable’s acquisition of Dabbl was not finalized, so we’ve decreased revenue estimates for 2022 and 2023 that negatively affected our valuation. We are decreasing our one-year price target to $0.14/share from $0.30/share but maintaining our Speculative Buy rating. [more]

Fandom Sports Media, a Vancouver-based gaming and entertainment company, is all set to launch its all-ages gamification platform that will reward fan engagement through Fandom Sports’ recently launched NFT marketplace (www.Fandomart.com) where fans can mint, buy, sell, trade, and store their NFTs. [more]

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about Initiating Coverage on DAC. The 44-page report covers company and investment highlights, and an overview of consumer online advertising and marketing sectors. Datable offers a SaaS-based Consumer Lifecycle and Data Management Platform that enables CPG companies and consumer brands to build and launch promotions, special offers, and loyalty programs on mobile phones, websites, and microsites. [more]

We have written a 44-page Initiation Report on Datable Technology Corporation, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. Datable offers a SaaS-based Consumer Lifecycle and Data Management Platform called PLATFORM³ that enables CPG companies and consumer brands to build and launch promotions, special offers, and loyalty programs on mobile phones, websites, and microsites. Datable recently announced the acquisition of Dabbl that creates a combined company expected to have 2021 pro-forma revenue of almost $6 million. We are Initiating Coverage on Datable with a Speculative Buy rating and one-year price target of $0.30/share. [more]

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]

WOW! recorded revenue of $18.8 million, up 25% from the previous quarter, and its fourth consecutive quarter of positive EBITDA. As of June 30, 2021, it had a backlog of $77.5 million with another $3.3 million of contracts signed after the quarter-end. The Board of Directors continues to analyze ways to maximize shareholder value as the Company is trading at only 0.9x EV/LTM Revenue, well below its peers. [more]