Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Operating as a technology firm, Auddia Inc. develops software applications primarily for the audio and podcast markets. Its flagship product, Faidr, is a mobile subscription-based application that offers users access to a variety of streaming AM/FM radio stations completely free of advertisements. The company's portfolio also includes Vodacast, an interactive podcasting platform and app, and Vodcast Hub, a dedicated content management system. Founded in 2012, the enterprise, which was previously known as Clip Interactive, LLC, officially rebranded to Auddia Inc. in November 2019 and is headquartered in Boulder, Colorado.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA.