These guys are really killing it, though i think its unfortunate that CEO Mathews is moving on. Having said that, the company did post very strong third quarter results as well as raised Q4 guidance, and the stocks got a lot of momentum behind it right now as all the analysts revise their models and raise estimates.
Just remember though that revenue growth is expected to really decelerate in 2011 with revenue estimates next year of around $121 million, or just a 25% increase over 2010 as compared to the 80% YoY increase in 2010 and 146% increase in 2009 (I think revenues grew almost 240% in 2008). Which means, if true, I think the stock could lose a lot of its momentum investors as next year unfolds, and some of the shine off the stock.
As for INUV, they too just posted very strong third quarter results IMHO with revs up 53% YoY to $14.3 million, gross profits up 63% YoY (good leverage), expanding profit margins, a smaller operating loss and a nice jump in EBITDA to $1.2 million as compared to just $52k a year ago.
Management continues to divest themselves of the few remaining non-core assets, with just one small remaining property left to sell, and seems very well positioned to now exploit their platform and growth initiatives.
Again, if investors think ICLK is undervalued and trading at around 1.5x sales, INUV is difinitely worth a very hard look down here at just 0.6x sales.
I added to my position just today.
Recent ICLK News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/16/2024 08:05:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/11/2024 01:30:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/11/2024 01:29:30 PM
- iClick Interactive Asia Group Limited Schedules 2024 Annual General Meeting for September 30, 2024 • PR Newswire (US) • 09/11/2024 01:25:00 PM
- iClick Interactive Asia Group Limited Announces Execution of Definitive Agreement for Disposal of Its Demand Side Marketing Solutions Business in Mainland China • PR Newswire (US) • 09/11/2024 01:21:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/19/2024 01:23:14 PM
- iClick Interactive Asia Group Limited Announces Disposal of Its Mainland China Enterprise Solutions Business • PR Newswire (US) • 07/19/2024 01:10:00 PM
- iClick Interactive Asia Group Limited Announces Change to Its Board of Directors • PR Newswire (US) • 06/24/2024 01:21:00 PM
- iClick Interactive Asia Group Limited Files 2023 Annual Report on Form 20-F • PR Newswire (US) • 06/21/2024 04:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/22/2024 11:04:36 AM
- iClick Interactive Asia Group Limited Receives NASDAQ Deficiency Notice For Failure to Timely File Form 20-F • PR Newswire (US) • 05/22/2024 10:50:00 AM
- iClick Interactive Asia Group Limited Announces Termination of Merger Agreement • PR Newswire (US) • 04/26/2024 12:00:00 PM
- iClick Appoints Ms. Josephine Ngai as Chief Financial Officer • PR Newswire (US) • 03/28/2024 10:40:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/08/2024 01:53:08 PM
- iClick Interactive Asia Group Limited Announces Shareholders' Approval of Merger Agreement • PR Newswire (US) • 03/08/2024 01:45:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/01/2024 10:07:05 PM
- iClick Interactive Asia Group Limited to Hold Extraordinary General Meeting of Shareholders • PR Newswire (US) • 02/01/2024 09:25:00 PM
- Form SC 13E3/A - Going private transaction by certain issuers: [Amend] • Edgar (US Regulatory) • 02/01/2024 09:04:44 PM
- Form SC 13E3/A - Going private transaction by certain issuers: [Amend] • Edgar (US Regulatory) • 01/23/2024 12:46:42 PM
- Form SC 13E3/A - Going private transaction by certain issuers: [Amend] • Edgar (US Regulatory) • 01/10/2024 01:28:15 PM
- Form SC 13E3 - Going private transaction by certain issuers • Edgar (US Regulatory) • 12/19/2023 02:13:15 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 12/14/2023 09:34:25 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 12/14/2023 09:23:59 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/13/2023 02:24:08 PM
- iClick Interactive Asia Group Limited Reports 2023 Half-Year Unaudited Financial Results • PR Newswire (US) • 12/13/2023 02:18:00 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