Added to YB: 2024-07-16
Pitch date: 2024-07-15
APP [bullish]
AppLovin Corporation
+365.67%
current return
Author Info
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Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$146.6B
Pitch Price
$88.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
34.43
P/E
43.31
EV/Sales
26.97
Sector
Software
Category
growth
MicroCap Mindset H1 2024 Portfolio Breakdown: AppLovin Corporation
APP: AI-powered ad-tech for mobile gaming. 91% YoY growth in software platform. Trading at 12-15x NTM FCF. Building ecosystem for app devs & mediation, structurally advantaged vs competitors. Scaled platform with strong growth at attractive valuation suggests significant upside potential. Long-term winner unless thesis changes materially.
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