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%.