- Shares of chumbox ad provider Outbrain Inc. are down more than 50% from their July 2021 IPO pricing as privacy concerns regarding tracking technologies hound the digital ad space.
- The company is developing and acquiring technologies that circumvent the need for rapidly sunsetting cookies.
- Profitable and still projected to grow its top line in the teens over the foreseeable future, Outbrain’s price-to-FY22E sales ratio of just under .5 merited a deeper dive.
- A full investment analysis follows in the paragraphs below.
For further details see:
Outbrain Inc.: Don't Overthink It