Adverty: The Dawn of a New Era in Advertysing

Initiating Coverage

2020-12-14

07:30

Redeye initiates coverage of Adverty with a positive stance. Adverty is an advertising technology company that enables developers to monetize games with easily integrated and seamless ads in virtual game worlds. The market for in-game advertising is ripe for the taking, and we think Adverty is positioned to do just that, which is not reflected in the share price. We think Q1 2021 and the launch of a new ad format will be the start of a transformative period for Adverty as sales will start to materialize. We forecast exceptional sales growth starting in 2021.

DZ

TO

Danesh Zare

Tomas Otterbeck

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