$Outbrain (OB.US)$It was listed at $20 in 2021, and the curr...
$Outbrain(OB.US$It was listed at $20 in 2021, and the current price has dropped to 3.9. The company does in-app advertising. Revenue growth over the past five years has been very unsatisfactory. After experiencing a major contraction in 2019, it did not reach the high of 2016 in 2021. Operating profit, on the other hand, entered a loss range in 2019, then reversed losses and grew in the next two years, but it is still far from the 2016 high, and net profit is similar. In 2021, it was only 11 million.
The first two quarters of 2022 were even worse. Revenue increased by only 6.3%, and both operating profit and net profit entered a loss range.
The current price-earnings ratio is 20 times, which is not very attractive.
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