The total number of ordinary shares sold by the Company was 8,372,092, inclusive of the full exercise of the underwriters’ option to purchase up to an additional 1,092,012 shares, at the public offering price of $21.50 per share, less underwriting discounts and commissions. The shares sold by the Company resulted in aggregate gross proceeds to the Company of $180.0 million before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.
“The company had initially planned to raise $100 million, but the offering was oversubscribed and resulted in $180 million in new capital. When I asked CEO Doron Gerstel about the offering during an interview about the company, he said that there was $500 million worth of demand for new shares, indicating strong investor interest”
Vuosi 2021 startattiin ohjeistuksen nostolla, joka tuli 19.1.2021 (tällöin myös anti)
Vuoden 2020 lopulla ohjeistus nousi 7.12.2021
Vuoden 2021 lopulla ohjeistuksen nosto tuli 8.12.2021
Mikäli vanhat merkit pitävät paikkaansa, voinee ohjeistuksen nostoa 2021 osalta odottaa tuossa 19.1. 2022 kieppeillä
Tämä voisi tukea ohjeistuksen nostoa.
Tuli näemmä tänään ilmoitus osariajankohdasta:
Mutta ei posaria ainakaan tuossa yhteydessä, vaikka olisi sopinut samaan syssyyn. Liekkö tällä kertaa tuleekaan? Onhan tuota kasvua luvattu onneksi jo entuudestaan q4-tulokseen.
Needamin webcastiä. Jumantsuikka Doron Gerstel on bullina. Aiemmin ollut semi rauhallinen ja maltillinen kaikessa ulostulossa, nyt oli eri ääni kelossa
“Vidazoo growing out of the chart” . CTV 25% tämän vuoden lv:stä.
Kassaa on, ostoja luvassa, 1. osto H1 aikana tänä vuonna. Hubi toimii ja tuohon integroidaan uudet ostotkin.
E: Tässä hyvä koonti
mikä on CTV? ps. menen katsomaan esitystä, kiitos.
Needhamilta uusi tavoitehinta Perionille. Aiempi tavoitehinta oli 21,00$.
Perion Network (PERI)
Needham analyst Laura Martin maintained a Buy rating on Perion Network today and set a price target of $32.00. The company’s shares closed last Wednesday at $21.02.
According to TipRanks.com , Martin is a 5-star analyst with an average return of 18.8% and a 52.6% success rate. Martin covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, Tremor International, and World Wrestling.
Currently, the analyst consensus on Perion Network is a Strong Buy with an average price target of $35.25.
Search advertising revenue excluding traffic acquisition costs +32%
Alphabetiltä myös vahvoja lukuja
$GOOGL CEO “Q4 saw ongoing strong growth in our advertising business” …
$GOOGL CFO “Our 4th quarter revenues, reflected broad-based strength in advertiser spend and strong consumer online activity”
FY2021 Revenue: 478,5MUSD, Adjusted EBITDA: 69,6MUSD, Ebitda to rev ex tac: 37%
Joulukuussa annettu ohjeistus oli tämä
Tänään annettu vuoden 2022 ohjeistus
- Net cash provided by operating activities of $28.8 million;
- Net cash of $321.6 million
Cash Flow from Operations: Net cash provided by operating activities in 2021 was $71.1 million, compared to $22.2 million in 2020, an increase of 221%
Combining privacy and performance, Perion’s innovation demonstrates that third-party, cookie-based ad targeting is now a part of history
SORT results also reflect a dramatic 14% decrease in costs per visit
“In addition, the economic value of our iHUB continues to prove itself, as our innovative AdTech assets connect to this centralized AI-led digital control center, leading to both reduced operational expenses and improved media margin.”
Mr. Gerstel added, “As a result of our strong start of 2022 and increased visibility, we plan to update full-year guidance when we report our first quarter results, on Thursday, April 28. I invite all interested parties to read the attached White Paper, which details the innovative technology framework and deployment which enables SORT to deliver superior results to cookie-based targets, while respecting privacy."
Search and news advertising revenue excluding traffic acquisition costs increased 23% (up 25% CC)
“Mr. Gerstel added “Perion’s newly acquired Vidazoo - a video monetization platform - is also winning market share and supporting our strategic success in growing our Display Advertising revenue, which represented 55% of our total revenue, up from 42% one year ago and 36% two years ago. Our ability to connect all media transactions to our central intelligent HUB is key factor behind the growth of media margin; 43% in the first quarter, up from 39% in the first quarter last year. This resulted in record first quarterly EBITDA levels, on our highest-ever EBITDA margins, and $23.6 million in operating cash flow.””
Traffic Acquisition Costs (“TAC”): In the first quarter of 2022, TAC were $71.0 million, or 56.6% of revenue, compared to $54.9 million, or 61.1% of revenue, in the first quarter of 2021. The decrease of 4.5% was primarily due to a favorable product mix of ad formats, and the continuous iHub efforts to serve direct demand and supply in a closed loop that generates superior efficiency and performance.
Cash and Cash Flow from Operations: As of March 31, 2022, cash and cash equivalents and short-term bank deposits were $342.5 million. Net cash provided by operating activities in the first quarter of 2022 was $23.6 million, compared to $13.5 million in the first quarter of 2021.
Vuoden 2. ohjeistuksen nosto koko vuotta koskien.