|
|
SmallCapPower
Box Score
Daily Stocks on the rise
|
 |
The Ubika Research Tech Stock Watchlist
| Multiplied Media Corporation (V.MMC) |
| Company Name: |
Multiplied Media Corporation. |
| HQ Location: |
Calgary, Alberta |
| Company Website: |
http://www.multiplied.com
|
| Shares Outstanding |
144.5Million |
| Market Cap: |
$41.9 Million |
| 52 Week Range |
$0.05-$0.31 |
| Average Daily Volume |
629,000 |
|
|
|
Share Highlight / 1-Year Stock Chart
|
|
|
Business Overview
Multiplied Media (www.multiplied.com) has developed the award-winning
application Poynt (www.mypoynt.com), the mobile local search service
available over BlackBerry smartphones. Through agreements with directory and
vertical content providers in Canada, the United States and Europe, Poynt
simplifies finding and connecting with businesses, people, retailers,
restaurants and events wherever and whenever it is most convenient for the
consumer.. + More info
What is interesting?
- Multiplied is at the forefront of the fast growing mobile application and mobile advertising market. Both markets are projected to grow at over 100% over the next few years
- Since its launch in Blackberry App world, Multiplied has consistently been the top applications downloaded and has now around 2 million users in Blackberry pltaform in little over one year. It has won numerous awards for this application.
- Multiplied's business model is to share revenue with content publishers like yellow pages, business directories etc when users make search queries on their poynt search application in their mobile phones. It also makes revenue by pushing mobile advertising to its users. Mobile advertising is a fast growing medium and studies show is 4 to 5 times more effective than online advertisements. Its strategy is to try to play the same role as google in the traditional internet market.
- Near term growth opportunity in its subscriber base will come when Poynt (Multiplied’s mobile search application) is launched in the Apple platform which has close to twice the phones and other devices (like ipod touch) than devices in Blackberry platform. Apple users are also voracious consumers of mobile application
- If Multiplied were to be successful in attracting 5-10 million users it will be attractive to a traditional technology players wanting to enter the mobile application market or for traditional content publishers like Yellow Pages which are struggling to monetize their content in the digitial world. There is a significant value for having subscribers even without any meaningful revenue as proven by applications like twitter, youtube, facebook etc.
- Multiplied also has other applications like movie ticket purchase, restaurant booking etc in which it earns transaction revenue.
- Multiplied user base is still in US & Canada and as it expands into Europe (present in UK, France, Germany and Italy) the user base in blackberry platform is poised to grow a lot more.
- It has announced the acquisition of Unomobi which will give Multiplied valuable patents to protect its IP
Risks
Mobile application market is highly competitive. Company not yet profitable and may need additional financing as it needs to continually invest to keep its application current. Potential competitors like Google are making aggressive move to occupy this space.
Multiplied Media Corporation. News
Ubika Research Disclosure
Copyright
The content on this site may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express written consent of Ubika Research, a division of Ubika Corporation.
Disclaimer
Ubika Corporation is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to any visitor of this report or site or readers of any content on this website. The information on this website is designed to present the findings and opinion of Ubika’s analysts, columnists, speakers or commentators and what they believe to be the factual information.
Where reference is made to estimates of value or relative value of a specific security or ETF or any underlying asset or company, those are based on the information available from the public sources. They should not be relied upon in making specific investment decisions and readers should seek advice based on their risk profile and investment requirements from a person qualified and authorized to provide advice.
Ubika Corporation (including its Directors, employees and representatives), its analysts, columnists, speakers or commentators or a connected person may have positions in or options on the securities including Exchange Traded Funds (ETFs) mentioned on this site/report and may buy, sell or offer to purchase or sell such securities and ETFs from time to time.
Nothing on this site constitutes an offer or invitation to purchase or acquire any shares in any security or ETF mentioned on the site or any other asset or company or any interest therein, nor shall it form the basis of any contract entered into for the purchase or sale of shares in any ETF or asset or company mentioned on this site.
|
 |
|
|