- The company is in the first innings of a turnaround, based on a completely revamped product which is destined to increase its already dominant market position helped by network effects.
- The company was already growing (a bit) and producing 20%+ free cash flow margins but that’s likely to accelerate significantly with the new product and marketing efforts.
- With a new and better deal with Universal and a huge share buyback program and a very solid balance sheet, most of the risk is out of the shares.
Buying Destiny Media Is A No-Brainer
January 27th, 2019 · No Comments