logo-loader

Water Tower Research begins coverage on AI digital advertising company AdTheorent

Published: 19:46 14 Dec 2021 GMT

Water Tower Research Managing Director, Technology John Roy talks to Proactive about initiating coverage on MCAP Acquisition Corp, merging with programmatic digital advertising company AdTheorent (NASDAQ: MACQ).

Roy says the group, which uses advanced machine learning technology and privacy-forward solutions is projecting 28% growth in 2022 and 26% growth in 2023 with adjusted EBITDA margins of 28% and 31%.

FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook -...

The FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive...

1 hour, 2 minutes ago