Concurrent (CCUR) leader of video on demand (VOD) industry and about to capture major share of the new ready to boom multi-screen video delivery market! Only 9.2mm o/s $24.6mm in cash no debt enterprise value at $7.39 of $43.39mm or only 0.69x revenue. Up 12 straight months, extremely bullish chart!
CCUR has 212 deployments across 4 continents including 4 of top 6 cable TV companies in U.S. and reach of 50mm homes around the world. CCUR's MediaHawk platform is about to start powering Virgin TV Anywhere, the new TV Everywhere service of Virgin Media (VMED), the largest cable TV company in the UK with 3.8mm subscribers. VMED could add significantly to CCUR's revenues and profits in the upcoming quarters! CCUR's EPS has already been skyrocketing in recent quarters: last quarter CCUR's EPS was up 100% from previous quarter and up 300% from two quarters ago!
CCUR on Monday will be unveiling and providing demo of breakthrough new ad insertion video technology for free on demand content. There are 6.8 billion free VOD streams annually and the market is growing at a rate of 17%. CCUR will allow its clients to finally monetize their free VOD streams, which make up about 77% of all VOD streams! CCUR could help its clients double their VOD revenue from present levels generated through movie rentals and subscription on demand.