Video Update 9.12.25 - AppLovin's Goldman Sachs Communacopia Talk
In this update, I highlight the impressive performance of AppLovin stock, up 80% year to date and 440% over the last 12 months.
Key points from the GS talk include: 1) their gross ad spend surpassing Snapchat, Pinterest, and Twitter combined, 2) sustainable 85% EBITDA margins, 3) understated market share and 4) and potential growth from more in-game ad revenue.
For the full update, read “Notes on AppLovin's Goldman Sachs Communacopia Talk ($APP)” and subscribe to Accrued Interest on Substack. APP 0.00%↑ , META 0.00%↑ , SNAP 0.00%↑ , PINS 0.00%↑ , GOOGL 0.00%↑ , GOOG 0.00%↑
