An interesting little announcement from Adveritas (AV1) this morning…. AV1 is an advertisement fraud mitigation software company and their flagship product is TrafficGuard. 

Adveritas AV1 have had their troubles but the announcement today points to excellent growth metrics incuding annualised revenue at 31 July 2021 was $1.2 million, up 19% since 30 June 2021 and up 90% since 31 March 2021.

Whilst the quantity of revenue is not high, there is significant potential for capital growth from a relatively modest $38m market capitalisation in a market sector that has significant growth potential as fraudulent internet activity increasingly requires control. The number and breadth of customers is increasing.

The recent capital raising was undertaken at $0.10/share and the stock seems to be currently trading at the floor of it’s recent trading range with potential to revert to the mean on the back of high growth rates.

Adveritas is a little up the risk curve and position sizing should reflect that risk, however there is real potential for significant rewards should growth continue.

As always please DYOR.