Cash burn has declined considerably in the quarter and is guided to decline some more, giving the company some more time to turn things around. That doesn’t take away that the company is in big trouble, enough for us not to recommend the shares. However, there are some hopeful signs in the form of a […]
November 21st, 2018 · Comments Off on Marin Software: A First Whiff Of Spring?
October 17th, 2018 · Comments Off on Time Is Running Out For Marin Software
The company is in a lengthy transformation to a new SaaS platform, but it’s producing large losses and bleeding cash in the process. The company is running out of cash within a couple of quarters. However, there are very few signs yet the transformation is producing results. While the shares are dirt cheap, they are […]
June 3rd, 2018 · Comments Off on Marin Software: A Race Against Time
The company has been bleeding customers and cash for quite some time. There are some signs there is a potential for slowing this, but too little to get excited about. The big improvement should come from their new platform, Marin One, which is about to launch commercially in June. Existing customers are already transitioning. Whilst […]