Redeye updates its view on M.O.B.A. Network following its Q3 2022 report. We expect a slowdown in the global advertising market will affect M.O.B.A. in the near to mid-term. However, we believe this to be an opportunity for M.O.B.A, with its strong balance sheet, as competitors will be worse off and the opportunity for acquisitions will be significant for M.O.B.A.