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Al Tuna

Well-known member
Joined
Feb 8, 2022
Member Number
110
Posts
127
Location
GA
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Spanky's Clubhouse

:lol3
 
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boondoggle

gear grinder
Joined
Feb 10, 2022
Member Number
604
Posts
6
Location
Right here, right now
Yeah, Canada’s rules are a littke it different than ours but financials get released. I don’t know if ADV is big enough for them to go into that level of detail but it’ll probably get mentioned somewhere
 

Oldbear

Well-known member
Joined
Feb 8, 2022
Member Number
96
Posts
137
Location
Fin Land
Watch here for the next few months...

Subsequent to the date of the IPO Prospectus, we have completed nine acquisitions that had consideration in excess of $1 million, including Paddling.com, ProBoards.com, Fomopop, Inc., HomeTalk Inc. and Threadloom, Inc. and four others, as well as 12 other acquisitions with consideration of less than $1 million. The aggregate consideration for those 21 acquisitions totals approximately $102 million (excluding contingent consideration, which totals up to $39 million).
Me not very good with financial mumbo-jumbo in foreign language. Pls explain. Does that or does that not mean that they paid over a million dollars for a shit site like https://paddling.com
 

Blue Mule

Azure Ass.
Joined
Feb 3, 2022
Member Number
26
Posts
42
Location
N.Wisco
Me not very good with financial mumbo-jumbo in foreign language. Pls explain. Does that or does that not mean that they paid over a million dollars for a shit site like https://paddling.com
It is worded oddly, but i had dug in some of the otherr filings that give pricing.
So from those announcements, i presume that the above quote means each of the nine sites or businesses went for over a million.
Threadloom for instance, isnt a forum, but a data havesting business and helps focus ads at specific potential customers.
It was purchased for 25 million.
 

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