PERI trying to claw its way back after the flush from $9.70. 2019 pro forma w/ CIQ was $300M revs and $36M EBITDA. I’m concerned that the CEO Doron Gerstel will provide some lame guidance for 2020, but seems like there is a shot at $50M if advertising turns up and they get traction with their Syncromatic Branding platform + tailwinds from 2020 Olympics/election ad spending.
I hope Doron guides to $42M+ and comes in $46M+ EBITDA for the year. 10x on that gets us to about a $17 per share. Still a bit annoyed that Dror Erez is selling registering to sell shares. Need to clean him up.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.