Pros
The company is positioned well in a highly competitive market. In an era where everyone is trying to push their stack, Marin is well positioned as an open stack that offers advertisers the flexibility to choose an advertising channel and attribution vendor while reporting in a single interface. The new executive team is decisive. They realized the company was burning through cash on operations and the last several quarters have seen margin rise with profitability in sight. Compensation is very competitive. The stock has gone down despite revenue growth and margin growth. The executive team has pivoted to RSU grants to ensure everyone has skin in the game. Seeing positive collaboration with the publishers for the first time.
Cons
Too many people aren't looking at the big picture. We're in a competitive space and we need to be scrappy. The street has no understanding on what the company does, this is reflective of a market cap which is only ~1.5 times earnings despite 21% y/y revenue growth.
