The Motley Fool

Adslot Ltd reports earnings: Is this small-cap tech stock a buy?

Adslot Ltd (ASX: ADJ), a junior Australia-based internet technology and marketing company, has today released its half-year report and accounts which showed a net loss of $5.23 million, compared to a $4.63 million loss in the prior corresponding period.

However, revenues from continuing operations rose 81% to $3.09 million which the small-cap attributed to growth in the adoption of its trading platform by large media buyers. This was particularly evident in the U.S. market which the company said had driven the majority of Trading Technology growth to date.

Adslot is an online advertising business which allows companies to more accurately direct their content at a targeted audience than if they chose to advertise with Google, as an example. It has a market capitalisation of just over $100 million and has managed to reach a number of agreements with companies such as Microsoft, Operative and PubMatric. This stock could deserve a position on your watchlist today.

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading over 40% off its high, all while offering a fully franked dividend yield over 3%...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.


Motley Fool contributor Ryan Newman does not own shares in any of the companies mentioned. You can follow Ryan on Twitter @ASXvalueinvest.