BloomZ Inc. (NASDAQ: BLMZ) and the Growing VTuber MarketSince its inception in December 2021, BloomZ Inc. has been at the forefront of the VTuber (Virtual YouTuber) management business, a rapidly expanding sector in the digital entertainment world. VTubers, or virtual characters animated using motion-capture technology, are essentially digital avatars that stream content in real-time, engaging audiences with their human-like expressions and interactions.
Based on the prospectus, BLMZ manages a group of 18 VTubers under the name “Hoshimeguri Gakuen”, offering content like chatting, singing, and gaming across platforms such as YouTube and Fan Box.
The VTuber Business Model?
The VTuber industry thrives on its interactive, immersive experiences. For BLMZ, a large portion of revenue is generated through platform distributions from YouTube, BOOTH, and live-streaming events like VirtualThruLens, held by Avex Entertainment Inc.
As of March 2023, BLMZ saw VTuber management account for 30.7% of its revenue, a notable increase from 12.8% the previous year. YouTube remains the dominant platform, contributing over 42% of BLMZ’s VTuber revenue, while BOOTH and Fan Box provide additional income through digital merchandise sales.
Explosive Growth of the VTuber Market
The global VTuber market is undergoing explosive growth. In 2022, it was valued at USD 4.4 billion and is expected to skyrocket to USD 27.6 billion by 2029, reflecting a CAGR of 35.6%. This rapid expansion is driven by several factors:
· Advancements in Technology. Motion capture and animation technologies have made it easier than ever to create high-quality virtual avatars, allowing both creators and audiences to enjoy more immersive experiences.
· Global Appeal. VTubers can transcend geographical and language barriers, attracting a wide range of audiences. Their appeal extends across various demographics, further driving engagement and revenue opportunities.
· Rise of Virtual Influencers. The popularity of virtual influencers on social media platforms has made VTubers more mainstream, creating business opportunities with brand collaborations and content creation projects. As more brands realize the potential of VTuber partnerships, the demand for virtual talent agencies, like BloomZ, continues to grow.
The Future of VTubers and BLMZ Role
As the VTuber industry matures, companies like BLMZ are well-positioned to take advantage of this digital revolution. With more businesses recognizing the potential of virtual influencers, the VTuber market is expected to become a key player in the future of digital entertainment and brand marketing. For BLMZ, the combination of growing revenue streams, strong partnerships, and technological expertise ensures that it will remain a significant player in this rapidly expanding market.
IPO
Interarch builder: IPO base breakout attempted after bottomInterarch Builder: did a ipo day high breakout attempt of 1318 and made a new 52 wk high of 1338.
after results selling was seen and after that it bounced back again.
if 1315 is broken again we will see 1400-1500 in short term.
Gave revenue double guideline in next 3 years and stock pe is undervalued.
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
GOLF - PRIMARY BASEI bought my positions today
August 19, 2024
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after its IPO
3. Buying from a low cheat entry
4. Good breakout with huge volume
5. Many stocks start getting traction
Flawed:
Vulnerable to general market correction
I want to see some constructive action in the upcoming days.
good quality stockAditya Birla Sun Life ltd
stock name, give one soild pramotore group company
Now, in India, mutual funds are sounding for retail investments
record-breaking fund inflow in mutual funds
AMC are now most trending investment media
listed price level breakout and sustain
look at chart and my study put on chart
comments for any questions on mind
CDSL | Flagpole | NSDL Files for IPO
• NSDL has filed its DHRP, leading to market concerns that investors might shift their funds to NSDL, potentially affecting CDSL.
(We'll be sharing a detailed comparison for NSDL and CDSL in the comments section below. Feel free to follow us for the updates.)
Now CDSL:
• In the last 13 months, it's formed a beautiful Flag Pole pattern. The breakout of which is already done.
• The 1000 level + 50% Fibo level provided support during its momentum.
• Volumes increased during the rally, which is a positive sign.
• It faces a crucial resistance zone the break and sustenance of which will be necessary.
• Now if you are worried about the funds flowing to NSDL, Remember what happened to BSE when NSE announced its IPO – it literally doubled in value. NSDL's valuation will play a crucial role in boosting CDSL's momentum.
• Duopolies, like Ola and Uber, Airtel and Jio, Swiggy and Zomato, Amazon and Flipkart, tend to fare well. CDSL and NSDL too can coexist.
• Do you know who else can and must Coexist? YOU and WE! Follow us for such interesting Case studies.
Have Insights or Questions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation 🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
XCH on Risk but with Potential?The old "Maybe Bottom" did not hold on the news that Chia Network Inc will sell 200k XCH worth ~ 5 Million USD from the prefarm.
The questions are:
- How many prefarm XCH will get sold the next years and how often? This risk now is clear visible.
- How is the financial situation that selling part of the prefarm was worth the lost in trust?
- How far in the future is the IPO?
- How is the situation about potential B2B customers and partners?
In case it isn't that bad the XCH downtrend could turn around. More bad news on the other hand could create a massive loss in value. In my opinion the risk is very high, higher than before. I am not sure if that is realy reflected in the price, so the new "maybe bottom" is weak.
XCH trend was always off the general crypto market even that the trend influences the XCH trend. XCH and Chia Network as a brand is also not worth much currently. Outside of the Chia space it is unrecognised, forgotten or viewed as a scam. But this is not necessarily a bad thing at this point.
IPO Investing: Bad or Very Bad ?IPOs can be enticing opportunities for investors to jump into potentially high-growth companies from their early stages. While IPOs can offer significant returns, a strategy of investing in every IPO that hits the market is not considered prudent.
Let us explore several key reasons why such an approach is unwise for investors.
Lack of Information:
IPOs often lack comprehensive financial history and operating data. As a result, investors have limited insights into the company's performance, growth prospects, and competitive positioning. Investing without adequate information increases the risk of making uninformed decisions and exposes investors to potentially unprofitable ventures.
Limited Track Record:
Since many IPOs are relatively young companies, they often lack a substantial track record in navigating economic downturns or industry-specific challenges. Assessing their long-term sustainability is just impossible.
High Valuations:
IPOs tend to be priced at a premium to attract investor interest. Especially, When innovative companies go public, It becomes difficult to value such companies owing to the absence of any market comparable. The result is higher valuations. An epic example is NSE:PAYTM . Also, If you boost this post, It would help us to reach many like-minded investors like you.
Uncertain Performance:
When valuations are high, so are the expectations. Newly listed companies face challenges in meeting the high expectations set by the market. While some perform exceptionally well, others struggle to deliver. This brings panic.
Diversification Concerns:
Investing in every IPO can create an imbalanced portfolio. The preset proportions may go haywire. Especially, when investors are forced to become long-term investors in a company due to a substantial decline in the stock price post listing.
Conclusion:
While IPOs may offer the allure of early-stage growth and potential windfall gains, investing in every IPO is not a wise strategy for investors. The lack of information, market volatility, high valuations, uncertain performance, and limited track record are among the key concerns. Instead, investors should approach IPOs cautiously, conduct thorough research, and focus on building a diversified portfolio that aligns with their risk tolerance and long-term investment goals.
Have Insights or Questions? Let us know in the comments below.👇
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
TBO TEK LTD - Pre and Post IPO Statistics
IPO Price: 920
Issue Size: 1150 Crore ( 1.68 crore shares)
Lot Size: 16
Listed: 1426 ( Premium listing - 55% gain :) )
Closing on Listing Date: Closed in Negative @ 1406 minor loss of 1.4%)
Listing Day Candle: long Range Spinning Candle
Listing Day Volume: 1.2 crore
Listing day open and low PRICE would act as a support in immediate future.
Support Range: 1426 -1275 ( 10.5%)
TBO tek is one of the leading global travel distribution platforms and simplify the business of travel for Suppliers such as Hotels, Airlines, Cruise, Car rentals, Transfers, and Rail and Retail & API Buyers such as Travel agencies, independent travel advisors; and enterprise buyers that include tour operators, travel management companies, online travel companies, super-apps and loyalty apps on its platform that enables them to transact seamlessly with each other.
TBO Tek platform connects over 159,000 Buyers with over 1 million Suppliers across 100+ countries
Aadhar Housing Finance Ltd - Pre and Post IPO Statistics
IPO Price: 315
Issue Size: 3000 Crore
Lot Size: 47
Listed: 315 ( Flat listing)
Closing on Listing Date: Closed in Positive@ 329( minor gain of 4.4%)
Listing Day Candle: Spinning Candle
Listing Day Volume: 7.1 Crore
IPO price and Listing day low PRICE would act as a support in immediate future.
Support Range: 292-315 ( 7.3%)
Truth or Dare?
NASDAQ:DWAC
History: Merger between Digital World Acquisition Corp and Trump media and Technology Group was approved to take his social media platform Truth Social Public
Idea:
1)Wait for the brief dip before buying ( around $47.20) and hold for this to cross $53.49,
We are seeing a short squeeze in the stock, I expect a sharp decline once the DJT stock price "true value" is realized
Truth Social IPO is on Tuesday 3/26/24
Reddit Braves Wall Street with 48% Pop in Debut. When Growth?Traders upvoted Reddit’s IPO but can the buzzing social media platform earn its stripes as a public company now?
Table of Contents:
⦿ Reddit Surges in Public Market Kickoff
⦿ If Wall Street Bought, Should You?
⦿ Reddit Stacked Up Against Rivals
⦿ Ad Posts Looking Like User Posts?
⦿ Bottom Line
📍 Reddit Surges in Public Market Kickoff
Reddit (ticker: RDDT ) stepped into the public-market space this week with a flashy and splashy IPO (initial public offering) in New York that chalked up a 48% gain on its debut day. The listing was met with lots of cheer from Wall Street as it was the biggest one for a social media company since Pinterest hit exchanges in 2019.
Shares of Reddit surged to $47 out of the gate to make its first deals at a 38% premium to the company’s IPO price of $34 a share. Valuation soared to $9.5 billion by the end of the session when shares closed at just over $50 a pop.
Reddit’s listing day with the Snoo—the website’s official mascot. Source: Reddit.
By the looks of it, investors upvoted Reddit—a chat-room powerhouse and a stalwart of community-based culture venues sprawling from cat-praising r/CatsInSinks and owl-loving r/Superbowl to the intimidating trading hub r/wallstreetbets that bankrupted GameStop short-seller Melvin Capital.
📍 If Wall Street Bought, Should You?
So the question is, if Wall Street scooped up Reddit shares… should you?
Let’s take a behind-the-curtain look at Reddit’s business model.
It’s been three years of trying for Reddit to get listed on the New York Stock Exchange. Finally, it issued 22 million shares for flotation, of which 8%—or 1.8 million—were reserved for friends, family and volunteer moderators. Those are unpaid users who make sure all the online communities are running smoothly. And they are also the content creators, because—unlike Netflix (ticker: NFLX ) or Spotify (ticker: SPOT )—Reddit doesn’t pay for its content.
The platform boasts roughly 73 million daily active users spread across 100,000 online chat rooms, or “subreddits.” Despite the wide reach and 19 years of existence, the platform has never seen what a profitable year looks like.
Its revenue comes predominantly from selling ads to companies who paid $804 million last year while the bottom line arrived at a $91 million loss. The revenue figure was a 20% increase from the $668 million picked up in 2022.
📍 Reddit Stacked Up Against Rivals
And while revenue growth can be seen along the years, investors are betting that Reddit will ultimately catch up to the big shots in the social-media space. When Meta (ticker: META ), formerly Facebook, kicked off its public endeavors in 2012, it soaked up a market value of $104 billion and raised $ $16 billion for its IPO. Elon Musk’s X Corp, formerly Twitter, landed its first public deals at a $14 billion valuation, having raised $1.8 billion. In comparison, Reddit raised $748 million at an IPO valuation of $6.4 billion.
Reddit carries the lowest valuation at IPO among social media peers.
📍 Ad Posts Looking Like User Posts?
Against that backdrop, Reddit is taking a sketchy approach to bolstering its ad sales. Apparently, the folks at the upper echelons of the company decided it’s a good idea to make ad posts look exactly like user posts . The so-called “free form ads”, the company said, will mimic the popular user post type “megathread” and will “encourage users to deep dive into the topic at hand.”
The community, on the other hand, didn’t show much love to that new advertising strategy. “Enable comments on ads, you cowards,” said one Reddit user while related threads were loaded with users’ comments of disapproval.
📍 Bottom Line
And there you have it, 19 years of posts, 100,000 subreddits, and 73 million users who churn out all the content and self-sustain operations. Reddit gave us the meme stock craze back in 2021. Is it going to give us a rerun of the stock frenzy with its own shares this time? Or will the folks at r/wallstreetbets flip the script and short it?
💬 Let us know your thoughts in the comment section below!
Don't want to miss any of our articles and be notified when a new one is released? Give us a follow!
75: Reddit A Game-Changer in the Social Media Market?As Reddit prepares for its highly anticipated initial public offering (IPO), investors are buzzing with excitement. With Meta (formerly Facebook) currently dominating the social media sector, Reddit's entry promises to shake up the landscape.
Market Potential: Reddit's unique community-driven platform has garnered a massive following, making it a potential powerhouse in the social media realm. Its upcoming IPO signals confidence in its growth prospects and market potential.
Competition: While Meta remains the industry leader, Reddit's IPO could introduce healthy competition, driving innovation and benefiting users and investors alike.
Investment Consideration: As Reddit gears up for its IPO, investors are weighing the opportunity to participate in this dynamic market. With Meta's established dominance, Reddit presents an intriguing alternative for portfolio diversification and potential returns.
With Reddit's IPO on the horizon, the social media market is poised for disruption. Investors should closely monitor developments and consider Reddit's potential impact on the sector. Could Reddit emerge as a formidable competitor to Meta? Only time will tell.
BLOCKBUSTER Listed Hike Of 181.50 %Vibhor Steel Tubes IPO GMP or grey market premium is +140. Its similar to previous three sessions, risen sharply from Friday's +120. This indicates Vibhor Steel Tubes share price were trading at a premium of ₹140 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, Vibhor Steel Tubes IPO expected listing price was ₹291 apiece, which is 92.72% higher than the IPO price of ₹151.
Based on last 14 sessions grey market activities, today IPO GMP points upwards and expects a strong listing. The lowest GMP is ₹110, while the highest GMP is ₹140, as per investorgain.com analysts.
'Grey market premium' indicates investors' readiness to pay more than the issue price.
(MGX)Metagenomi, Inc.: A Genetic Medicine Powerhouse on the RiseNASDAQ:MGX
here's an analysis of Metagenomi, Inc.: Chart Data is limited..
Financial Performance:
Market Cap: $456.337 million
Previous Close: $12.25
52 Week Range: $9.74 - $12.74
Volume: 392,654
Avg. Volume: 1,187,350
Recent News:
Introduction:
In the dynamic realm of genetic medicine, where breakthroughs hold the promise of revolutionizing healthcare, one company stands out for its pioneering efforts and recent market buzz – Metagenomi, Inc. With a low share price and a scorching-hot market for gene research, investors are eyeing Metagenomi with keen interest. Let's delve into the company's profile, recent developments, and the compelling reasons why it might just be the next big investment opportunity.
Company Overview:
Metagenomi, Inc., headquartered in Emeryville, California, emerges as a leading player in the gene editing biotechnology sphere. Established in 2016, Metagenomi is dedicated to developing therapeutics using its proprietary metagenomics-derived genome editing toolbox. This arsenal comprises programmable nucleases, base editors, and RNA/DNA-mediated integration systems, positioning the company at the forefront of genetic medicine innovation.
Recent IPO and Insider Trading:
A recent initial public offering (IPO) catapulted Metagenomi into the spotlight, with 6,250,000 shares of common stock issued at a public offering price of $15.00 per share. Additionally, insider trading activity has surged, with Novo Holdings A/S, a notable insider, acquiring a significant stake of 900,000 shares at a price of $14.47 per share. This insider confidence underscores Metagenomi's potential and serves as a bullish indicator for prospective investors.
Financial Performance and Market Positioning:
Despite its relatively modest market capitalization of $456.337 million, Metagenomi boasts a compelling growth trajectory. Recent financial data indicates a positive momentum, with total revenue reaching $37.952 million, signaling robust demand for the company's innovative genetic therapies. Furthermore, the company's strategic collaborations with industry giants like ModernaTX, Inc. and Ionis Pharmaceuticals, Inc. underscore its market credibility and growth potential.
Gene Research Revolution:
Metagenomi's strategic focus on precision genetic medicines aligns perfectly with the burgeoning gene research revolution. As the healthcare landscape increasingly gravitates towards personalized therapies and gene editing technologies, Metagenomi stands poised to capitalize on this paradigm shift. The convergence of cutting-edge science, favorable regulatory tailwinds, and heightened investor interest in genetic medicine positions Metagenomi as a prime beneficiary of the gene research boom.
Investment Considerations:
While Metagenomi's low share price and the red-hot gene research market present compelling investment opportunities, prudent investors must weigh certain considerations. The biotechnology sector inherently entails high risk and volatility, with clinical trial outcomes, regulatory approvals, and competitive dynamics exerting significant influence on stock performance. Additionally, Metagenomi's status as an early-stage company necessitates a long-term investment horizon and a tolerance for market fluctuations.
Conclusion:
In conclusion, Metagenomi, Inc. emerges as a compelling investment opportunity in the genetic medicine landscape. With a low share price, recent IPO buzz, and a strategic foothold in the gene research revolution, Metagenomi embodies the quintessential blend of innovation, potential, and market positioning. While investors must exercise due diligence and navigate the inherent risks of the biotechnology sector, Metagenomi's transformative vision and burgeoning market opportunities make it a stock worth watching and potentially adding to one's investment portfolio.
Datasea Inc. Shows Remarkable Growth in Q2 Fiscal Year 2024
Datasea Inc., ( NASDAQ:DTSS ) a leading global technology company specializing in intelligent acoustics and 5G multimodal communication, has reported stellar financial results for the second quarter ended December 31, 2023. The company's impressive performance underscores its strategic focus on innovation, market expansion, and customer-centric approach.
In the second quarter of fiscal year 2024, Datasea ( NASDAQ:DTSS ) recorded a substantial revenue of approximately $11.3 million, marking a remarkable surge compared to $0.1 million in the corresponding period last year. This phenomenal growth can be attributed to the robust expansion of its 5G multimodal communication business in China, where the company secured significant service agreements. Datasea's CEO, Zhixin Liu, emphasized the pivotal role played by the sales team in promoting products tailored to meet customer needs while continuously enhancing product quality and services.
The company's revenue for the first half of fiscal year 2024 soared to $18.2 million, compared to a mere $131,459 in the same period of the previous year, reflecting a staggering increase of 13,766.8%. This exponential growth underscores Datasea's leadership in the research and development of 5G multimodal communication technology. The sustained expansion of its customer base, coupled with proactive market promotion and exceptional customer support, has solidified its market positioning.
Datasea's ( NASDAQ:DTSS ) proactive measures to streamline administrative expenses have yielded positive results, with a 24.8% reduction in administrative costs compared to the same period last year. The company's prudent approach to managing accounts receivable, including strengthening credit evaluation processes and optimizing collection procedures, has led to a significant decrease in outstanding balances.
The company's operations update highlights its strategic initiatives aimed at leveraging acoustic intelligence and expanding its international footprint. Datasea's ( NASDAQ:DTSS ) intelligent acoustics products segment, driven by cutting-edge technology, addresses real-world challenges across various industries. The successful launch of air sterilization products in China and the ongoing development of new offerings underscore the company's commitment to providing innovative solutions for healthy living environments globally.
Datasea's ( NASDAQ:DTSS ) foray into the US market through its subsidiary, Datasea ( NASDAQ:DTSS ) Acoustics LLC, signifies a significant milestone in its expansion strategy. Collaborations with renowned research institutions and the pursuit of US patents underscore the company's commitment to technological innovation and intellectual property protection.
In the realm of 5G multimodal communication, Datasea ( NASDAQ:DTSS ) continues to pioneer advancements, offering a comprehensive product portfolio with high brand recognition. Strategic partnerships and agreements with key clients further reinforce the company's position as a market leader in this domain.
Looking ahead, Datasea ( NASDAQ:DTSS ) remains poised for sustained growth, driven by its relentless pursuit of technological excellence, market expansion initiatives, and strategic collaborations. With a solid foundation and a clear vision for the future, Datasea ( NASDAQ:DTSS ) is well-positioned to capitalize on emerging opportunities and deliver long-term value to its stakeholders.
In conclusion, Datasea's ( NASDAQ:DTSS ) remarkable financial performance and strategic initiatives underscore its position as a trailblazer in the technology landscape, poised for continued success in the dynamic global market.
IPO base break and base on base formationThe stock has been trading in a range since the last few months between 330-390 after breaking the IPO base
Company has issued a QIP at 341rs/share for 500cr and has a pending order book of 1000+cr and a new order worth 457cr and 16cr
a range break of 330-390 on the upside can take the stock up to 880 levels
i thought id be happy with $20 XRP, im adding another 0fib channels, cyclic lines plus fibonacci circles - who would of thought about this powerful combo.
alot is pointing towards a massive xrp movement soon:
- corrective fib circle
- fib channel support
- cyclic timeline balance
...its positioned for 2024 to moon
like i said i thought $20 would be a nice pump, if retail jumps in with the same vengeance as 2017 then this could absolutely rocket into triple digits.
expansion from a 6 year consolidation will absolutely melt faces
TSX IPOs: Dumping on Retail as a ServiceQ4 Inc listed at $12/share and raised $100 million when it IPO'd in 2021.
The lowest it went was $1.88/share.
Their latest play is....getting acquired for $6/share by a PE firm.
Only way to have made money on a bunch of these stocks and poorly-performing companies was to short right after IPO and to go long when they're 1/5th their IPO price until they're acquired.
SVRE: Restoring Balance Despite Market Volatility Despite a slew of safety improvements added to vehicles in the U.S. over the past 20 years – like forward collision warnings, emergency braking, lane departure warnings, blind spot detection, backup cameras, etc., nearly 43,000 people died in traffic accidents in 2022 in the U.S., up 30% from 2013.2 Experts agree that there is not one simple explanation for this apparent contradiction where we are driving safer vehicles and yet, traffic fatalities continue to climb. Some of the increase is simply driven by math, because while the U.S. population has grown by 5.4% over the past decade the number of registered vehicles in the U.S. has grown by over 16.8% during the same period. However, there has also been a notable increase in what the NHTSA calls “dangerous driving behaviors” – speeding, impaired driving, and failure to wear a seatbelt – which are pushing traffic fatalities up in the U.S.
Enter the SaverOne Solution
While protecting everyone on the roads from the dangers of distracted driving is an admirable goal, until legislation completely bars access to technology in our vehicles the reality is that economics will drive adoption of tools to prevent distracted driving. In the case of commercial fleets, think bus companies, trucking and delivery companies, the risk of litigation from a single distracted driver incident is so great, that these companies are looking for alternative solutions to eliminate a driver’s access to distracting phone apps. Again, while this technology largely exists in most phones, it requires the driver to actively opt-in, and in the case of commercial vehicles looking to mitigate liability risk, they want to remove the opt-in requirement and instead have a system that automatically limits a driver’s phone to only essential tools to prevent driver distraction.
SaverOne (NASDAQ:SVRE) has built its first commercial product to address just this need by detecting and locating a driver’s cell phone radiofrequency (RF) signal. The company’s first commercial product - an In-Cabin Driver Distraction Prevention Solution (DDPS) branded as the SaverOne system, can identify if a cell phone is in the vicinity of the driver’s seat and with the SaverOne App installed it will block access to the most distracting apps (social media/texting) while still allowing necessary apps like navigation and the ability to make hands-free phone calls. SaverOne is initially deploying this solution for the commercial market so companies operating commercial vehicles, buses, or vehicles provided to employees can mitigate their liability associated with distracted driving.
The company launched this product in 2019 in Israel with several pilot programs and as of August 2023 about 4,300 systems have been ordered and roughly 3,000 of these systems have been installed. The company released a second generation of the distracted driver protection solution in the fourth quarter of 2022, which will target the larger global auto market and in 2023 the company announced its first international sales. We believe that the company is still identifying the best distribution, installation, and marketing strategies for global markets.
Recent financial results and news:
In the first half of 2023, the company reported a sharp jump in year-over-year revenues to roughly $400k as the number of installed systems grew to 3,000 as of August 29, 2023 (up from 1,750 installed units as of 3/31/23). While this growth rate is impressive it is important to note that SaverOne is still a fairly small company and managing its growth as the company moves from initial pilot installations to full fleet installations will be a challenge. The company’s first-half operating loss of $4.8 million was due in large part to the $3.3 million R&D expenditure. The company has indicated that as it develops its OEM solution and VRU product R&D expenditures will likely remain elevated.
Other Notable Milestone:
- The company announced that Electra Afikim (a large public transportation company in Israel) would install the SaverOne System in its entire bus fleet representing roughly 1,200 vehicles, SaverOne’s largest order to-date.
- The company announced a meaningful expansion of its pilot projects outside of Israel with an additional pilot project on buses in the Gulf region; a second pilot project in the U.S.; and its first pilot in Europe.
- In 2022, the company entered into a memorandum of understanding with IVECO (one of the leading medium/heavy truck manufacturers in the world) to integrate its solution within IVECO trucks. This has the potential to be a game-changing agreement for the company based on IVECO’s size (producing over 150,000 vehicles annually).
IPO/Financing:
A little over a year ago, in June 2022, the company closed on its initial public offering of 2.94 million units (consisting of an ADS and one warrant to purchase an ADS) at a price of $4.13 per unit raising roughly $13 million in gross proceeds. Each ADS represents 5 shares of common stock.
In December 2022, the company completed a private placement of 0.8 million ADSs at $1.854 per ADS raising roughly $1.5 million in gross proceeds.
Closing Notes
SaverOne (NASDAQ:SVRE) is an emerging company addressing the challenging issue of cell phone device use inside a moving vehicle. Distracted driving continues to get worse around the globe despite numerous public awareness campaigns. Corporate fleets and commercial transportation companies need tools to limit distracted driving that operate seamlessly without requiring a driver to opt-in and that is the solution that SaverOne has brought to the market.
The opportunities in front of SaverOne as they expand into fleets, push into international markets, launch an OEM solution for car makers, and build a tool to protect Vulnerable Road Users will have to be weighed by investors against the dilution risk related to any pending financing.
There is no doubt that distracted driving remains a huge problem around the globe, but absent significant legislative action (the EU has recently enacted some distracted driving measures to be rollout over the next few years), the current half-hearted approach to the problem (relying on driver compliance) is likely going to be the default in most markets. As more advanced features are built into new vehicles, it is likely that adoption rates of Driver Distraction Prevention Solutions like those offered by SaverOne with grow.
SaverOne is an early-stage market entrant but if you are watching for next-generation safety solutions in the transportation market then you should have it on your radar.
Collective Audience, Inc. (NASDAQ:CAUD) Concludes IPOCollective Audience, Inc. (NASDAQ:CAUD), a leading provider of digital consumer acquisition solutions, announced its common stock has commenced trading today on the Nasdaq Global Market under the new ticker symbol - CAUD.
The commencement of trading on Nasdaq follows the completion of the business combination involving DLQ, Inc., a former subsidiary of Logiq, Inc (OTCQX: LGIQ) and with Abri SPAC I, Inc. (previously traded on Nasdaq as ASPA, ASPAW, ASPAU), a special purpose acquisition company, which Abri announced yesterday.
The newly combined company was renamed Collective Audience, Inc. to reflect its innovative performance marketing platform which has been designed to identify, convert and monetize the collective audience of leading brands and publishers.
About Collective Audience
Collective Audience is a U.S.-based provider of e-commerce and digital customer acquisition solutions that simplifies digital advertising. It provides data-driven, end-to-end marketing through its results solutions or access to data for activating campaigns across multiple channels.
The company’s digital marketing business includes a holistic, self-serve AdTech platform, a proprietary data-driven, AI-powered system that enables brands and agencies to advertise across thousands of the world’s leading digital media and connected TV platforms.