appScatter - An innovative play on the app market
appScatter is an early-stage business commercialising its cloud-based platform that allows app developers to distribute, manage and gather intelligence across multiple app stores globally. The recent public launch of the platform is expected to significantly boost licensed users and with a developed pipeline of registered interest, we forecast revenues to increase rapidly, bringing the group to EBITDA break-even during H119. Visibility on key variables should improve during 2018 and evidence of a successful launch could result in an upward rating of the shares.appScatter Group is holding company. Through its subsidiaries, Co. is a business to business (B2B) software as a service (SaaS) platform that allows paying users to distribute their apps to, and manage their apps on, multiple app stores. Additionally, the centralized platform enables app developers and publishers to manage and track performance of their own and competing apps across all of the app stores on the platform. There are two types of appScatter Users, including free users and paying users. appScatter has four categories of grouped app stores: device platforms, wireless carriers, device manufacturers, and independents.
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