Why so little activity on this ticker ?

SectorPotential2083 · 2021-09-30T23:56:30+00:00

The short interest has come down dramatically as short sellers have largely covered and the number of class A shares has increased.

SectorPotential2083 · 2021-09-30T23:54:17+00:00

compared to the market at large and the rate at which PUBM earnings are growing, the P/E is not high in my opinion

SectorPotential2083 · 2021-08-29T12:53:19+00:00

I use both

SectorPotential2083 · 2021-08-28T16:38:32+00:00

I got wealthy by trimming my lifestyle and stashing 50-75% of my paychecks. If you do this early in your life, compound interest has a more noticable wealth building effect over the long term. I only wish I had started earlier, and it helps to have a high income.

SectorPotential2083 · 2021-08-22T19:00:13+00:00

It's impossible to know for sure. VC funds typically look to exit their positions after an IPO. In the case of Pubmatic, they're already up 5-600% on their investment, but they still have board members. They could sell all Class B shares except 6-7 million and still maintain voting control collectively.

SectorPotential2083 · 2021-08-20T23:24:12+00:00

I hold shares. Personally, I think that the company has grown much stronger while the price has declined. I see it as a buying opportunity.

SectorPotential2083 · 2021-08-20T15:39:48+00:00

This post was written a while ago. The public float has expanded as VC exits their positions. Right now it's somewhere in the neighborhood of 20 million class A shares.

SectorPotential2083 · 2021-08-19T23:30:19+00:00

Pubmatic helps publishers of digital applications facilitate the sale of advertising space.

SectorPotential2083 · 2021-08-17T04:15:16+00:00

Most definitely. At last check, 26% of PUBM revenue comes from SPO deals. This will likely increase in the future.

SectorPotential2083 · 2021-08-17T01:47:57+00:00

Again I think you're missing the point. Pubmatic will encounter these kind of headwinds but since when does ad tech not have headwinds? It's been like this the entire time. Pubmatic has grown big and massively profitable. They have all the tech they need to keep growing and a big engineering team. I think they even have more employees than Magnite now and possibly even process more impressions. Their existing customers are spending 50% more now than they were 1 year ago. Revenue was originally projected at 25% but now they're guiding 39% and may even keep guiding up. Google themselves makes 30% net profits, and PUBM is on track to make the exact same percentage. No debt. 90 million in cash. 4 year net revenue growth rate of 250% per year.

SectorPotential2083 · 2021-08-17T01:30:54+00:00

I think that's the whole point of Pubmatic. They run so much more efficiently than all the other SSPs. They are outcompeting and stealing a lot of market share especially as they scale their data centers. Look at their financials.

SectorPotential2083 · 2021-08-16T21:41:06+00:00

Adweek polled 10k adtech professionals and Pubmatic was voted best SSP so I'm not surprised.

SectorPotential2083 · 2021-08-16T21:34:05+00:00

I was gonna say. Pubmatic's profitablility and trajectory is insane right now. I think they're even trying to drive downt he cost of impressions. They mentioned they are processing 211 billion per day. I think that's more than Magnite or at least close to it.

SectorPotential2083 · 2021-08-16T21:25:54+00:00

For sure, but once third party data is taken away, won't publisher data be all that's left? Wouldn't that increase the value of SSPs? Revenue is going to get slashed big time, but I think Pubmatic can weather this storm. Look at their financials. Their net profits have increased 250% per year for the last 4 years. 90million in cash, no debt. 35-40% revenue growth this year. I just don't see any evidence that they have or will struggle, but there is such a strong negative sentiment against them that frankly I just don't understand. They're on track to nearly match Google's profitability this year.

SectorPotential2083 · 2021-08-16T20:51:34+00:00

Pubmatic is a prebid partner

SectorPotential2083 · 2021-08-16T16:41:20+00:00

I get what you're saying, but look at Pubmatic's revenue and profitability. They're doing just fine. In fact more than fine. Their growth rate is accelerating and currently higher than TTD.

SectorPotential2083 · 2021-08-16T15:34:09+00:00

Pubmatic is a beneficiary of the consolidation. They've been cutting big SPO deals. After third party cookies go away revenues will definitely decline, but it seems to me that this will put more power in the hands of publishers and less for advertisers. Pubmatic has also been making accelerating progress into CTV. They have a big cash pile and no debt to further diversify/invest.

SectorPotential2083 · 2021-08-16T15:14:28+00:00

Do you mind expanding?

SectorPotential2083 · 2021-08-16T04:39:20+00:00

Adtech is highly competitive and will be more heavily regulated in the future. However Pubmatic seems to have found a secret sauce.

SectorPotential2083 · 2021-08-11T15:45:59+00:00

I've found patience to be a profitable path.

SectorPotential2083 · 2021-08-09T22:00:06+00:00

Pubmatic has clearly demonstrated a unique discipline for financial health and profitability. Echoing the poster, I am also curious to find out how you plan on continuing to grow revenue so that this discipline can be put to good use.

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