Market's view on Ebiquity
Published on April 2024
- EBQ is seen as promising if they can effectively execute their strategies and become more investor-savvy.
- There are concerns about the functionality of the link provided in the RNS for a webcast, as it was reported not to work.
- The company’s results and an analyst presentation are scheduled for 7th May.
- The necessity for EBQ to re-evaluate their audit processes to include factors beyond cost, due to potential conflicts of interest with an auditor’s business unit, is highlighted.
- The impact of AI on business, particularly in media planning and buying, is emphasised, with predictions of reduced workforce requirements due to automation.
- A rebound in performance is expected for 2024, which could enhance the 2023 results.
- Transparency issues within the advertising ecosystem are noted, with opportunities for those who can provide a clear view of ad performance and compliance.
- The sale of UK tax losses is speculated to have been completed, with remaining investors likely holding for a potential turnaround.
- There is a mention of a useful change in non-executive directors.
- EBQ is positioned as potentially beneficial in optimising outcomes for clients in advertising analytics.
- The company is perceived as gearing up for growth with significant recruitment activity.
- EBQ is transitioning towards a digital-first operation, which could improve margins and increase reach with AI adoption.
- The introduction of “Ebiquity Transmit”, a subscription-based service likened to a “Bloomberg Terminal” for independent media news, is expected to boost revenue and profit margins.
- EBQ’s stock is considered undervalued, with expectations of a significant increase in share price.