All posts by Anthony Porto
Former Senior Analyst
Sectors Covered: Online, Emerging Tech
By Anthony Porto
18 November 2021, 9:00 AM
Seek’s (ASX:SEK) AGM trading update confirmed strong trading conditions FYTD both domestically and in the larger Asian markets in which the company operates.
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By Anthony Porto
08 November 2021, 9:00 AM
REA Group’s (ASX:REA) Q1’22 trading update was ahead of our and market expectations, with 22% topline growth on a LFL basis driven by an extremely resilient domestic resi market, with depth penetration increases surprising to the upside.
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By Anthony Porto
05 November 2021, 8:00 AM
Domain Holdings Australia’s (ASX:DHG) 1Q trading update provided at the AGM has come in ahead of our expectations, punctuated by robust growth in ‘controllable yield’ and signs the marketplace strategy is beginning to yield results.
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By Anthony Porto
18 October 2021, 10:30 AM
We incorporate Domain Holdings Australia's (ASX:DHG) acquisition of Insight Data Solutions (IDS) into our forecasts and valuation following completion of the deal.
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By Anthony Porto
15 October 2021, 8:00 AM
Whilst this topline result was 3.5% below our forecasts, the cycling of Covid-19 induced lockdown tailwinds and mask sales always had Q1 as the toughest quarter to cycle. We believe Redbubble (ASX:RBL) has now moved past ‘peak cycle risk’ given their international exposure, ahead of domestic e-commerce players.
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By Anthony Porto
26 August 2021, 10:00 AM
Frontier Digital Ventures (ASX:FDV) continues to exhibit positive momentum with the majority of businesses now seeing a sustained rebound out of COVID induced lows.
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By Anthony Porto
25 August 2021, 10:30 AM
Seek’s desire to simplify its operating structure, removing the financial burden of funding the ESV portfolio on balance sheet, has led to a complex FY21 result and forecast changes, but should achieve the aim of focusing investor attention back on the core operating business, which is poised for a period of strong growth.
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By Anthony Porto
25 August 2021, 9:00 AM
With expectations rebased following AMX’s mid-June guidance update, AMX has produced a FY21 result at the top end of guidance and ahead of MorgansF.
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By Anthony Porto
20 August 2021, 8:00 AM
Redbubble's (ASX:RBL) FY21 result came in slightly below forecasts. Given quarterly reporting, the quantum of the miss in the 4Q was a degree higher.
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By Anthony Porto
20 August 2021, 7:00 AM
Airtasker (ASX:ART) has seen 35% gross merchandise value (GMV) growth in FY21 (39% in Q4) despite the impact of Melbourne lockdowns in the 1H.
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