SeeThruEquity Initiates Coverage on Newzulu Limited (AU: NWZ) with a Target Price of $0.25
NEW YORK, NY / ACCESSWIRE / September 23, 2015 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has initiated coverage of SeeThruEquity Initiates Coverage on Newzulu Limited (AU: NWZ) with a Price Target of $0.25.
The report is available here: NWZ Initiation Report. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
Newzulu Limited (AU: NWZ) is a global crowd sourced media company. Newzulu sells Content and Technology to media companies and brands. Newzulu Content includes a crowd-sourced videos and photo agency that is primarily based on freelance journalism, as well as eyewitness news. Newzulu Content operates a news platform consisting of a global community of professional and citizen journalists that contribute all sorts of media, which they can share with the public or sell their content to media buyers. Newzulu Technology provides technology and software solutions and services to media companies and brands globally.
Newzulu enables digital and traditional publishers, including magazines, newspapers and broadcasters to source validated submission from journalists and their audience that they can choose to license or use in their media. The Company was incorporated in 2013 and is based in New York with established operations in Sydney, Paris, London, New York, Los Angeles, Toronto and New Delhi. Newzulu stands for innovative content gathering, editorial validation and verification, as well as powerful digital technology that connects broadcasters, publishers and brands with their audiences. Newzulu also has a mobile application that iPhone and Android users can now file content and broadcast live, similar to professional TV reporters and photographers. The mobile application has become a key ingredient in the Newzulu crowd reporting process and developments are being researched to further enhance the platform.
“Newzulu recently announced completion of a $5 million placement on 18 August, 2015 to fund global sales and client support infrastructure to underpin recent client signings and pursue aggressive expansion tactics into the United States and European markets. Historically, Newzulu has made significant and impressive strides in the research and technological development of their signature platform and other product offerings. The Company has and will continue to pursue investments to help strengthen their global infrastructure to support major media outlets, broadcasters and brands. This is a safe and sure indication that Newzulu is placing a significant amount of emphasis and pressure on solidifying themselves as a global brand.,” stated Ajay Tandon, CEO of SeeThruEquity. “We are initiating coverage with a 12-month price target of $0.25 per share.”
Additional highlights from the report are as follows:
Thriving news-gathering community and strong partnerships
Newzulu is very committed to engaging both local communities and journalists in the news-gathering process. The Company boasts a consistently thriving network of over 150,000 citizen journalists in over 150 countries. Newzulu’s reports span the entire globe and at the same time, have bolstered professional relationships and agreements with major media outlets across the world. Newzulu has formed strategic regional partnerships with some of the most prestigious associations, such as Getty Images, Canada Press, Press Association and the AAP. These global partnerships can attest to Newzulu’s world-encompassing goals and expansion to help fuel the demand for eyewitness information and original content from all areas of the globe.
Acquisitive growth – Newzulu Platform (incorporating Filemobile) as well as Newzulu Mobile (incorporating Octiplex)
Newzulu acquired Filemobile in 2015, which is a leading Toronto-based user-generated content marketing software company. Filemobile has a significant footprint of professional clients and partnerships with big-name global media brands like USA Today, Wall Street Journal and CBC. The acquisition allows Newzulu to gain complete access to a highly scalable software as a service business model and a well established network of strategic partnerships. Newzulu has also set its sights on the acquisition of Octiplex, a mobile applications and solutions developing company that has the potential to propel Newzulu’s mobile division to new heights. Newzulu has an active interest in considering acquisitions that can be synergized with their current operations and have the capability to improve its competitive advantages.
Newzulu is part of a prospering industry
Newzulu is part of a growing online and digital news industry that has been surpassing its TV, radio and newspaper counterparts over the past few years since its inception in the early 2000s. The recent trend has been that people are consistently turning to their mobile devices and online websites to get their news and Newzulu’s positioning in the marketplace has let them take advantage of this ongoing trend, especially with their planned acquisition of Octiplex, which will enhance their strategic positioning in the mobile digital news marketplace.
Newzulu Prime Platform to Provide Crowdsourced Content
Prime is Newzulu’s storytelling and film production arm. Today’s branded content production model is outdated. The boundaries between brands, publishers and broadcasters are increasingly blurring. What they all have in common is the need for a simplified way to source, manage and optimise video productions. We help you thrive in this new digital, video and story-centric world. With Newzulu Prime, brands and publishers can have hundreds of filmmakers or brand ambassadors iterating for them, providing exceptionally creative content.
Please review important disclosures on our website at www.seethruequity.com.
About Newzulu Limited
Newzulu Limited operates a news platform with a community of professional and citizen journalists. The Company’s platform publishes photos, videos, and articles from around the world, and allows users to sell their photos, videos, and articles to media buyers. Its platform also enables newspapers, magazines, and broadcasters to access wire to select validated submissions from professional and citizen journalists for licensing and use in broadcast, online, or print media. The Company was incorporated in 2013 and is based in New York.
For more information, visit www.newzululimited.com.
About SeeThruEquity
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit www.seethruequity.com.
Contact:
Ajay Tandon
SeeThruEquity
info@seethruequity.com
SOURCE: SeeThruEquity
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