Pureprofile Limited (PPL) - Coverage Initiation

Murdoch Gatti

York Wealth Management Pty Ltd

Pureprofile Limited (PPL) is a global data, insights and programmatic media company which offers a strong investment proposition. Its technology provides a relatively unique convergence of online consumer profiling with big data analytics and programmatic advertising which is crucial to the effectiveness of the online advertising industry. PPL was an early mover in online market research and more recently benefitted from a number of significant alliances, including News Ltd Australia and AA Smartfuel NZ. PPL’s acquisition of Sparc Media expanded its programmatic media driving revenue and earnings growth. IIR forecast PPL to more than double revenue to $46.3m in the 3 years to FY18 as it benefits from these growth opportunities and is guided by an experienced management team. IIR initiates coverage on PPL with a Recommended rating and a valuation of $0.85 per share. IIR consider PPL as offering a solid investment case consisting of core profitability + core growth + disruptive growth. Core profitability comes from the already profitable online market research business. The risks of investing in such structural change may present volatility. See report attached.


Murdoch Gatti
Murdoch Gatti
CEO | Wealth Manager
York Wealth Management Pty Ltd

York Wealth Management is a full service brokerage firm with strategic relationships with major financial institutions throughout Australia. Our core business is to build wealth for high net worth individuals by providing access to industry...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.