tiprankstipranks
Trending News
More News >

Yangaroo Reports Strong Q4 2024 Results with Continued Growth

Story Highlights
  • Yangaroo Inc. is a leader in media asset workflow and distribution solutions.
  • Yangaroo achieved its tenth consecutive quarter of positive EBITDA, driven by the Millenia3 acquisition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yangaroo Reports Strong Q4 2024 Results with Continued Growth

Don’t Miss TipRanks’ Half-Year Sale

Yangaroo ( (TSE:YOO) ) just unveiled an announcement.

Yangaroo Inc. reported significant financial improvements in Q4 and fiscal year 2024, marking its tenth consecutive quarter of positive Normalized EBITDA. The company’s growth was largely driven by the successful acquisition and integration of Millenia3, which bolstered the Advertising Division’s performance. Despite a decline in the Music Division’s revenue, the company remains optimistic about future growth, supported by ongoing investments in technology and strategic initiatives.

Spark’s Take on TSE:YOO Stock

According to Spark, TipRanks’ AI Analyst, TSE:YOO is a Neutral.

Yangaroo’s stock score is primarily influenced by its financial performance and technical analysis. While it shows strong gross profit margins, significant challenges remain in terms of profitability, leverage, and free cash flow generation. Technical indicators suggest positive momentum, but valuation concerns persist due to ongoing losses and a negative P/E ratio. The absence of earnings call and corporate events data limits additional insights.

To see Spark’s full report on TSE:YOO stock, click here.

More about Yangaroo

Yangaroo Inc. is a software company specializing in media asset workflow and distribution solutions. The company focuses on providing services for the advertising, music, and awards industries, leveraging technology to enhance operational efficiency and business optimization.

YTD Price Performance: -33.33%

Average Trading Volume: 28,168

Technical Sentiment Signal: Buy

Current Market Cap: $2.03M

See more insights into YOO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1