- ironSource shares have cratered-even on a relative basis.
- The company has actually performed well in terms of its growth and profitability since shares started trading almost a year ago.
- The company has a strong competitive position and appears to be gaining share in the mobile app game advertising sector.
- About 20% of the company's revenues are coming from a category called Apps Beyond Games, that should be a driver of hyper growth for several years.
- The company, while it hasn't seen any slowdown in its business thus far, has acknowledged the potential of macro risks, and has presented very prudent guidance for the balance of 2022.
For further details see:
ironSource: Yes It Was A SPAC, But It Is Also A Real, Profitable, High Growth Business!