- Report highlights Jerrick’s “uniquely low-cost infrastructure and scalable business model” when citing company’s promising potential “to scale profitably, while taking market share from legacy platforms”
- Jerrick balance sheet “much stronger than it appears”
- Company estimated to increase quarterly revenues throughout 2020 and reach an estimated $9 million in revenues in 2021
As part of its mission to shine a light on small or micro-cap companies that are undervalued by Wall Street, renowned research company Zacks Small-Cap Research recently initiated coverage on Jerrick Media Holdings Inc. (OTC: JMDA), a holding company that creates technology products for the creative community (http://nnw.fm/3eVeA). Having concluded that Jerrick’s technology platform Vocal should scale quickly and profitably throughout 2020, Zacks provided a final estimated valuation for the company of $13.00 per share by 2021, calculated using a combination of valuation metrics. This valuation represents a significant increase from the current share price (http://nnw.fm/AB5jI).
“After five years of building its Vocal platform, Jerrick is aiming to disrupt the digital media and publishing platform space,” the Zacks report stated…
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://nnw.fm/JMDA
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