Hey everyone,
First and foremost, I am a novice investor. However, I want a discussion to develop myself and I want to hear your view on this company.
I recently discovered Verve Group when my buddy from Germany recommended it. I'm interested to hear your thoughts on it. The stock is currently trading at 37 SEK (approx. $3.70 USD). Market cap is 625 M.
Verve Group is a digital media firm that uses AI-driven solutions to optimize advertising by connecting advertisers with publishers. Led by CEO Remco Westermann. What is remarkable is that Remco owns almost 25% of the company.
Verve’s Q4 2024 was strong, with 24% organic growth and full-year revenue reaching €437m, exceeding forecasts.
Many analysts have given a buy recommendation to this, while target price is something between 50-60$.
What you thought?