Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
AppSoft Technologies, Inc. specializes in the development, publication, and marketing of mobile software applications designed for smartphones and tablet devices, primarily serving the U.S. market. The firm boasts an extensive portfolio of approximately 400 distinct app titles, a significant portion of which are games. Furthermore, AppSoft operates Esportsreporter, a dedicated news outlet for the esports and competitive gaming industry. This platform provides live event reporting and facilitates both direct and remote interviews with professional players. The company's mobile applications are sold and distributed to consumers directly via digital storefronts, such as Apple's App Store. Founded in 2015, AppSoft Technologies, Inc. is based in Garden City, New York.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers.