What here justifies a MCAP of over 4 Billion dollars? interested...

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Jasox

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11/12/18

20:24

Post #: 36824726
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Originally posted by Houndie: ↑
November 7, 2018 Roku delivered outstanding financial and operating results in Q3 2018. Robust active account and streaming hour growthcontributed to another great quarter with our advertising business showing continued strong momentum. In fact, roughly twothirds of the Ad Age 200 have advertised on the Roku platform. Advertising effectiveness and measurement tools areconsistently showing the superiority of OTT video ads on Roku compared to linear TV advertising. Our ongoing R&Dinvestments into differentiating our unique platform are strengthening our ability to help consumers, content publishers andadvertisers benefit from the advantages streaming offers.A few Q3 2018 highlights:

• Total net revenue up 39% YoY to $173.4 million;
• Platform revenue up 74% YoY to $100.1 million;
• Gross profit up 58% YoY to $79.0 million;
• Active accounts up 43% YoY to 23.8 million at quarter end;
• Streaming hours up 63% YoY to 6.2 billion;
• Average Revenue Per User (ARPU) up 37% YoY to $17.34 (trailing 12-month basis);
• Year to date, more than one in four smart TVs sold in the U.S. were Roku TVs.

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I'd be putting my money here.
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What here justifies a MCAP of over 4 Billion dollars? interested why you 'would be putting money here'?

Does that mean you are selling out of TV2 to buy Roku?

Information source: https://www.marketwatch.com/investing/stock/roku

TV2 Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Add TV2 (ASX) to my watchlist

What here justifies a MCAP of over 4 Billion dollars? interested...

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