Innovid Corp. (NYSE:CTV) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. On 31 December 2023, the US$313m market-cap company posted a loss of US$32m for its most recent financial year. As path to profitability is the topic on Innovid’s investors mind, we’ve decided to gauge market sentiment. We’ve put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
Check out our latest analysis for Innovid
Innovid is bordering on breakeven, according to the 3 American Media analysts. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$6.0m in 2025. The company is therefore projected to breakeven just over a year from now. How fast will the…
