They gave a metric for value per subscriber of between $500 and $1000 based on similar channels like DramaFever and CrunchyRoll sales valuations.
NFLX right now is something like $550 even after declining from about $856 per subscriber at recent highs.
So presently Dove channel is worth between 11 million to 22 million dollars after JUST 5 months of operation.
All this while CIDM has other channels, a whole digital cinema business, residual equipment value, an enterprise value that is over 10X current market cap due in large part to a huge tax loss advantage to any acquiring company.
Dove alone at current growth rates will be worth anywhere from 40 million to 80 million a year from now, all this while CIDM itself trades at 17 million in total market cap today.
The problem seems to be that it is a small cap company that is not widely followed and their EPS keeps coming out negative because they are doing marketing spend to build out the Dove channel. When you are worth 17 million only and you can add that amount of market cap every 200 days with just one channel, then that is what you do.
This thing is going to get bought out by a company like Lionsgate, or Softbank which already bought DramaFever, or Otter which bought CruncyRoll, etc.
Simply the most undervalued stock I can find and so I added more 2 days ago before earnings, and again today after earnings. Looking forward to the multibagger here, just a matter of time
Recent CNVS News
- Cineverse and Its Proprietary Matchpoint Technology Earn Industry Honors for Innovation • PR Newswire (US) • 09/19/2024 01:30:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 09/06/2024 09:08:33 PM
- Cineverse Strengthens Data Capabilities with Full Integration of LiveRamp's Authenticated Traffic Solution • PR Newswire (US) • 09/04/2024 01:19:00 PM
- Christmas Comes Early This Year as TERRIFIER 3 Drops Official Trailer and Key Art • PR Newswire (US) • 08/29/2024 05:28:00 PM
- Cineverse Switches on Frequency to Distribute its Top FAST Channels Worldwide • PR Newswire (US) • 08/22/2024 01:30:00 PM
- Cineverse's 'Dog Whisperer With Cesar Millan' FAST Channel Now Available on VIZIO WatchFree+ • PR Newswire (US) • 08/20/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 08:30:09 PM
- Cineverse Partners With Wurl to Power FAST Channel Portfolio • PR Newswire (US) • 08/15/2024 03:35:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:50:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:30:10 PM
- Cineverse Reports First Quarter Fiscal Year 2025 Results • PR Newswire (US) • 08/14/2024 08:00:00 PM
- CINEVERSE ACHIEVES SIGNIFICANT YEAR-OVER-YEAR FAST VIEWING GAINS • PR Newswire (US) • 08/12/2024 01:30:00 PM
- Cineverse to Report First Quarter Fiscal 2025 Financial Results on Wednesday, August 14, 2024 • PR Newswire (US) • 08/07/2024 01:00:00 PM
- Cineverse Acquires Jenni "JWOWW" Farley's Directorial Debut for the Company's Streaming Service SCREAMBOX • PR Newswire (US) • 08/01/2024 04:30:00 PM
- Cineverse to Publish Extensive Library of Video Content on Spotify • PR Newswire (US) • 07/30/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 08:50:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 12:30:10 PM
- Cineverse's 'Dog Whisperer With Cesar Millan' FAST Channel Celebrates 'Bark Week' and Goes Live on Pluto TV • PR Newswire (US) • 07/02/2024 01:30:00 PM
- Cineverse Reports Fourth Quarter and Fiscal Year 2024 Results • PR Newswire (US) • 07/01/2024 08:00:00 PM
- Exclusive Bloody Disgusting Merchandise Now Available in Horror Fan Shops at Select Walmart Locations • PR Newswire (US) • 06/28/2024 01:58:00 PM
- Cineverse and 9 Story Bring Garfield to New Free Streaming Channel • PR Newswire (US) • 06/27/2024 01:30:00 PM
- XL8 and Cineverse Announce Groundbreaking AI-Powered Captioning and Localization Partnership • PR Newswire (US) • 06/25/2024 01:00:00 PM
- Cineverse to Report Fourth Quarter and Full-Year Fiscal 2024 Financial Results on Monday, July 1, 2024 • PR Newswire (US) • 06/24/2024 01:00:00 PM
- TITAN BOOKS PUBLISHING TERRIFIER 2 NOVELISATION WITH BLOODY DISGUSTING • PR Newswire (US) • 06/21/2024 05:15:00 PM
- Jason Patric Joins Terrifier 3 Cast • PR Newswire (US) • 06/17/2024 05:06:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM