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Stock impact report

When Will Innovid Corp. (NYSE:CTV) Turn A Profit? [Yahoo! Finance]

Innovid Corp. (CTV) 
US:NYSE Investor Relations: ir.centurylink.com
Company Research Source: Yahoo! Finance
We feel now is a pretty good time to analyse Innovid Corp.'s ( NYSE:CTV business as it appears the company may be on the cusp of a considerable accomplishment. Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. With the latest financial year loss of US$32m and a trailing-twelve-month loss of US$21m, the US$297m market-cap company alleviated its loss by moving closer towards its target of breakeven. Many investors are wondering about the rate at which Innovid will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts' expectations for the company. Innovid is bordering on breakeven, according to the 3 American Media analysts. They expect the company to post a final loss in 2025, before turning a profit of US$17m in 2026. So, the company is predicted to breakeven approximately 2 years from now. How fast will the company have to Show less Read more
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