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    BUSER   SE0009663834

BAMBUSER AB (PUBL)

(BUSER)
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Bambuser Launches Self-Serve Platform for Live Video Shopping

04/08/2021 | 02:10am EDT

Bambuser announced the launch of a Live Video Shopping One-to-Many Starter package, a self-service solution that will enable more businesses to engage shoppers and drive sales using the company's interactive ecommerce technology. Featuring the core functionality of Bambuser's Live Video Shopping One-to-Many platform, the self-service platform was developed in response to surging demand from retailers of all sizes. Requiring no long-term commitments or extensive onboarding processes, the solution is expected to drive a significant increase in new implementations among small-to-medium sized businesses (SMBs). To date, Bambuser has seen widespread adoption by larger retailers and global brands including Samsung, Farfetch, adidas and many others. With the Starter version of Live Video Shopping, any business can quickly and easily incorporate shoppable livestreaming into their ecommerce strategy. To sign up for the solution, businesses need only create an account with a valid credit card for payment. After completing the automated onboarding process, they are immediately able to stream live shopping events from their own domain, providing shoppers with a seamless, high-quality interactive experience. Providing greater interactivity and an increased sense of urgency, these experiences drive higher levels of engagement and longer viewing times while contributing to add to cart click rates that far exceed industry benchmarks. In Fourth Quarter 2020, the platform saw average viewing times nearly 3x the general 3-minute benchmark for e-commerce sites, while average add to cart click rate exceeded 15%. A pioneer in live video streaming since inception in 2007, Bambuser is pursuing an aggressive product development strategy fuelled by the receipt of investment totalling over $100 million since launching Live Video Shopping in late 2019. The company continues to prioritize further development of its technology to ensure the platform remains the most flexible, feature rich and robust available.


ę S&P Capital IQ 2021
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Financials
Sales 2021 156 M 18,2 M 18,2 M
Net income 2021 -182 M -21,1 M -21,1 M
Net cash 2021 501 M 58,3 M 58,3 M
P/E ratio 2021 -24,5x
Yield 2021 -
Capitalization 4 487 M 522 M 522 M
EV / Sales 2021 25,6x
EV / Sales 2022 13,1x
Nbr of Employees 216
Free-Float 85,2%
Chart BAMBUSER AB (PUBL)
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Bambuser AB (publ) Technical Analysis Chart | BUSER | SE0009663834 | MarketScreener
Technical analysis trends BAMBUSER AB (PUBL)
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 0
Last Close Price 22,04 SEK
Average target price 18,00 SEK
Spread / Average Target -18,3%
EPS Revisions
Managers and Directors
Maryam Ghahremani Chief Executive Officer
Sara Lundell Chief Financial Officer
Joel-Tomas Citron Chairman
Martin Storsj÷ Co-Chief Technology Officer
Pontus HymÚr Co-Chief Technology Officer
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