A lot more goes into generating top line growth. For the foreseeable future at least, I expect $SKLZ's growth spend to quite clearly overshadow immediate revenue growth.
This needs to be factored into any analysis.
3/ In other words, we are not going to see immediate substantial revenue growth here - rev growth is more likely to be lumpy than big qoq growth in most other SaaS biz. $SKLZ is not one of those.
Yes $SKLZ is reliant on a few too games - as is $SE and they have milked it so far.
4/ Ofc $SKLZ and $SE are not comparables - just giving an example here.
Alsp $SKLZ is not a game developer, but rather a platform, a facilitator. Platforms are infinitely more valuable than the originator itself. Completely diff risk profiles.
5/ Don't get me wrong..I'm not saying the best concerns are unwarranted here. I like hesring the other side and I donoisyed closely.
Bear concerns are valid, but what I would say is, for a situation like $SKLZ, investors need to give the company time to show it's true potential
6/ As for the recent exco sales, note that the both Andrew Paradise and Casey Chafkin took their $FEAC - $SKLZ merger consideration in stock.
I am not particularly worried by partial stake sale /monetisation here. Ofc it's not great - but this not a pump and dump situation.
7/ Platform strength, monetizability, seamless integration with developer-fav $U platform (long) and strong partnerships --> these are the reasons why I am invested in $SKLZ.
This is a risky name and not a HQ cash generative biz so size accordingly.
8/ Inc my positiion on $SKLZ last week on weakness and maybreduxe on strength but will likely keep a core position for a while unless ofc thesis changes.
Note that I own stock outright here. Not involved in options as a) high Vol and b) don't want to be constrained by maturities
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$TRMR
Issues notice for EGM on 30 Apr. Shareholders asked to
- amend Articles of Association to allow for and adopt new director to enable $TRMR to comply with SEC requirements, and
- allow $TRMR to issue 15% of share capital and asking shareholders to waive pre-emption rights
2/ Also includes no. of ExCo renumeration amendments including "entitlement to a special IPO bonus" of $500k each to CEO, CFO and CCO on successful completion of US Dual Listing.
3/ Resolution no 11 - ala waiver of pre-emption rights - $TRMR states
"there may be occasions, however, when the directors need the flexibility to finance business opportunities by the issue of shares for cash without a pre-emptive offer to existing shareholders, such as in..
2/ From Fitch's Oct'20 report:
- 40% mkt share in largest segment (sports data & content-related services)
- Well placed as largest player to outpace mkt growth, with 29% avg org rev growth between 2014-19
3/ - Positive sector trends (eg online betting growth with 24hr betting options, e-sports and simulation sports gambling) = more data points for Sportradar to sell on the pre-game and live data markets.
@BabyYodaCapital's thread on $CRTO is v interesting. This one really got me thinking. There is certainly an argument for RV here - meaning $CRTO has lot of upside on pure fundamentals alone Vs the likes of $MGNI and $TTD
But I believe there is a bigger picture here. Bear with me
Let's face it. $CRTO's shift away from retargeting into the 'New Solutions' segment is driven by a need to survive due to the 3rd party cookie issue....
..but I agree that $CRTO's strong relationship with its retail clients has helped it gain access to a potential goldmine - i.e. client 1st party data esp. ecomm.
As a standalone entity, if management are able to execute on this transformation, $CRTO will do amazingly well.