ATY - Inuvo: Intent On Thriving Through Cookiepocalypse

• Google’s upcoming elimination of third-party tracking cookies is shaking up the adtech world.
• INUV is well-placed for this change, with its AI-based IntentKey solution that was originally developed in a UCLA data science lab.
• While the Covid pandemic damaged almost all adtech companies, INUV has rebounded well and, with its IntentKey product, will likely soon exceed pre-pandemic revenue.
• INUV will turn to EBITDA neutral to positive by EOY ’21, and I expect they can produce around $8M of EBITDA for FY22.
• If INUV continues to execute along these lines, its shares could double between now and EOY ’22.

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