Member Info for Radium1

Revenue from fast-growing advertising formats mobile and omnichannel video, which includes OTT/CTV, grew 83% year over year and represented 63% of total revenue in Q1 2021;

Revenue from OTT/CTV grew 55% sequentially from Q4 2020, and we monetized OTT/CTV inventory from over 80 publishers;

PubMatic, Inc.
Thu, May 13, 2021, 9:05 PM·13 min read

PUBM
-9.47%
Delivered revenue and adjusted EBITDA above guidance; Raises 2021 financial outlook

Multiple growth drivers deliver year over year revenue growth of 54%

Delivered $4.9 million in net income and $14.5 million in adjusted EBITDA

“We delivered another exceptional quarter driven by multiple organic growth drivers. Our performance reinforces the belief that our differentiated, owned and operated cloud infrastructure provides superior outcomes for the growing digital advertising market,” said Rajeev Goel, co-founder and CEO at PubMatic. “Our omnichannel platform fueled growth across all segments of our customer base and all formats we serve, particularly in video and OTT/CTV. Our execution, combined with the economic re-opening and expected acceleration of digital advertising, gives us confidence to raise our full year outlook for 2021.”

https://finance.yahoo.com/news/pubmatic-announces-first-quarter-2021-200500468.html

It's clear that the air is slowly leeching out of this inflated bubble. As expected!
Stt. said about his investment in Totally Plc. On the 2 Mar '14 - 16:40 - 2231 of 3524 ADVFM … I've put my money where my mouth is... I've a huge amount invested and all in my ISA...
Totally’s sp back then was trading at 60/70p but he had been buying into Totally before this at much higher prices. With Totally’s sp at 35.6p today, that a equates to at least a a 50% loss on his “huge amount invested”. Six year on from that post on ADVFM, he remains 50%+ down and pumping.
This guy has achieved pariah status on all the BB he frequents. Treat all information and advice that he posts here, with a serious health warning.

ShareNicelyNow, apologies and a correction. It is indeed the wrong link... try this one.

https://seekingalpha.com/article/4427253-is-the-trade-desk-stock-a-buy-after-sharp-drop

Conclusion, the following statement from Seeking Alpha about TTD, applies equally, to Tremor…
.... ''this is where some confusion lies. Many have been quick to point out that this is dotcom 2.0. However, unlike the dotcom boom and bust, where many stocks were long on ideas and short on revenues, The Trade Desk is reporting growing revenues, growing earnings, and is backed by strong and growing free cash flow''.

https://seekingalpha.com/news/3694743-lumentum-fq3-2021-earnings-preview?mail_subject=lite-lumentum-fq3-2021-earnings-preview&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

FlyingHorse....I wish I felt differently. It gives me no pleasure at all to say that my personal preference is, Tremor waits out the current volatility. Unfortunately, further downward pressure on our Peers across the water looks to be on the cards today. Pre-market, it looks like TTD, Magnite, Peri, Roku, Acuity, et al, have further to go before this correction is done. In the face of it, Tremor’s lower valuation ought to save it from too much damage but, it would be nuts, in my view, to launch its IPO in the current climate. We don’t need a messy IPO. Under the circumstances, what is the rush anyway? I’m pretty confident that Tremor will hold fire for the time being, and let the turmoil settle.

Pre market US, at this time, is indicating some further falls likely for our Peers today. Markets appear to be in wrecking ball mode for many sectors. Unless sentiment improves (unlikely in the short term), then I can't see the IPO going ahead under these conditions.

gdog....yes, that's about it in a nut shell. Just trying to figure out the possible read across for Tremor tomorrow and into the IPO. For the time being, sentiment has changed.

It appears that Magnite experienced an unexpected weakness in programmatic CTV revenue in the last month of the 1Qtr (March), but state that this has been more than made up for to date in 2Qtr. Tremor's last RNS dated late March (22nd), didn't imply any weakness at all in the 1Qtr....

Extract...The Company's performance during the first quarter of 2021, which historically is the lowest quarter by revenue in the year, is significantly ahead of the same period in 2020, predominantly pre-pandemic. This continued sustainable organic growth is a clear endorsement of Tremor's strategy, executed by the Company's end-to-end technology platform together with strong demand inflow. Therefore, the Company now expects trading for the year ending 31 December 2021 to be significantly ahead of management expectations. Tremor expects to report net revenue* of $55 million to $60 million, an increase of 71%-87% (Q1 2020: $32.1 million), and Adjusted EBITDA of $25 million to $28 million an increase of 46-51 times, (Q1 2020: $0.5 million), in the first quarter of the financial year. Programmatic net revenues are expected to grow by 84%-95% in Q1 2020.

This positive momentum continues to be underpinned by the successful execution of the Company's strategy, which focuses on video and data, with Tremor's core solutions of Connected TV, Private Marketplaces and its self-serve platform continuing to achieve significant traction.

From the CC, if I picked it up correctly from the QA session, their unexpected March weakness resulted from not having enough spokes in the wheel to cope with a rise in the use direct purchasing, which they claim the integration of their recent purchase, Spotex, will rectify.

https://edge.media-server.com/mmc/p/k9s2fbvk

https://seekingalpha.com/pr/18310256-magnite-reports-first-quarter-2021-results

For those interested...

https://edge.media-server.com/mmc/p/vynatm45

https://investors.thetradedesk.com/news-releases/news-release-details/trade-desk-reports-first-quarter-financial-results-

3#:~:text=Press%20Releases%20%20%20%20%20%20Three,%20%20121.0%20%208%20more%20rows%20

The Trade Desk (TTD) will report its next quarterly earnings on Monday (10th), before the market opens. Magnite reports on Monday also, after the market closes. On the back of the other strong Adtec earnings reports we now have, it's all looking good for this sector right now.

Rocku reported this evening, after the bell. They delivered exceptional first quarter results and generated record revenue and gross profit growth along with record Adjusted EBITDA.

https://ir.roku.com/static-files/8233f1fa-0263-4bb5-adb4-f0545a06a246

Also News Corp reported very strong results: "digital advertising revenues had the fastest growth in a decade, up 30% and accounting for 61% of advertising revenues for the third quarter. Tremor has exclusive access here. Adtec growth bubbles are everywhere.

Our resident Canute’s ranting at the rising tide will not stop the inevitable. Within the last year Tremor has 7 bagged. Indeed, it has 10 bagged from its lowest point in 2016. The village idiot missed out on that and it pains him greatly. He missed out because he fixated himself with an intent and a determination to harm Tremor and its shareholders, and he applied that intent on this board and the ADVFM bulletin boards daily for 10 years and more of his miserable life. I am delighted therefore, that despite the damage he tried to inflict here, it is he who ended up the loser. Nothing pleases me more than Tremor’s rising sp because, alongside making the rest of us wealthier, it renders valueless that decade of effort he wasted here, trying to bring the rest of us to our knees. I am thoroughly enjoying his pain. And there is more to come. How utterly deserving is that?

On 21st March I posted this extract…Index Adjustments and Rebalancing — New depositary receipts are added quarterly and removed when delisted. The index is rebalanced quarterly — after the 3rd Friday of March, June, September, and December. If my interpretation of the above is correct, then the earliest date for Tremor’s ADS listing would be the 3rd Friday in June.

I have since been informed that the above ‘Adjustments and Rebalancing’ statement is related only to the Bank of New York ADR index, not the Nasdaq, and that Tremor’s IPO and listing could become effective as soon as their F1 registration application is cleared by the SEC.

My bet …another upbeat Trading Statement for the June Qtr, prior to the IPO, is nailed on. Offer knows it, and for me this is in the bag already. Investors here have a choice, they can pay today’s price for Tremor or wait a little longer, and pay a higher one.

In order to ensure a successful Nasdaq IPO, the Investment Bank Underwriters will be marketing Tremor with some verve, ahead of the US Nasdaq listing in late June. And so, I think it very likely that there will be another ‘ahead of expectations’ announcement just before this happens, and Tremor already know the revenue expectations for that is ‘in the tank’.

Extract…Index Adjustments and Rebalancing — New depositary receipts are added quarterly, and removed when delisted. The index is rebalanced quarterly — after the 3rd Friday of March, June, September, and December.

If my interpretation of the above is correct, then the earliest date for Tremor’s ADS listing would be the 3rd Friday in June.