Centro

11 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Jan 23, 2018 by Sean Riegsecker · across every show →

Everything said about Centro, oldest first

Jan 23, 2018 neutral
Disclosure
Centro generated between $110M and $130M in revenue in 2017
“It's actually somewhere between a 110 and a 130.”
Sean Riegsecker Jan 23, 2018 ▶ 13:02 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 neutral
Disclosure
Centro expects to spend up to $9M on bidding infrastructure in 2018
“I think this year we're going to spend something like eight million or nine million dollars just on infrastructure and bidding costs or, you know, bidding infrastructure.”
Sean Riegsecker Jan 23, 2018 ▶ 18:06 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 neutral
Assertion Not checkable as stated
Centro processes 3M queries per second and stores 7B audience profiles
“Now we're processing about three million single queries and auctions every single second of every single day. At the same point, we have to store Audience profiles. So we have, we're storing about seven billion audience profiles in what we call hot, you know, …”
Sean Riegsecker Jan 23, 2018 ▶ 18:46 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 positive
Assertion Not checkable as stated
Riegsecker: Centro is currently profitable and has been almost every year
“We're profitable. We've been profitable almost every single year.”
Sean Riegsecker Jan 23, 2018 ▶ 20:27 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 positive
Insight
Riegsecker: Managed services fund and test Centro's software development
“A service company, one, has actually allowed us to fund the development of the platform, And two because they're using it, they're kind of the first folks through the door, so we actually can build it perfect for them, make sure it works right, make sure it wo…”
Sean Riegsecker Jan 23, 2018 ▶ 3:26 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 bearish
Prediction Not checkable as stated
Riegsecker expects Centro's 2017 revenue growth to remain in the single digits
“I think this year, when you look at it, I think our growth rates going to be in the single digits.”
Sean Riegsecker Jan 23, 2018 ▶ 14:05 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018
Disclosure
Centro pushes managed-service clients to become self-sufficient software users
“Our preference is that all of our clients are self-sufficient and self-sufficient. And so we put together a plan to help them get there because I say to them, look, at some point, you don't want to pay us a service fee. You know, you should consolidate that ma…”
Sean Riegsecker Jan 23, 2018 ▶ 10:56 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018
Disclosure
Centro charges an 8% to 20% take rate on self-service ad spend
“And depending upon how much you're going to be spending with us in the commitment, it can range anywhere from eight to nine percent if you're spending millions of dollars. Upwards of 20 percent depending upon if you're just spending, you know, a 100,000 dollar…”
Sean Riegsecker Jan 23, 2018 ▶ 8:16 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018
Assertion Not checkable as stated
Of Centro's $500M processed ad spend, up to $175M is self-service
“The majority, you know, of our business today of the half a billion, that's going to run through us. Approximately a 150 to a hundred and seventy-five million of that is what you would refer to as self-service and the rest is all coming to our managed services…”
Sean Riegsecker Jan 23, 2018 ▶ 7:15 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 positive
Assertion Supported
Centro reached 700 employees and acquired three companies on $50M raised
“We are, you know, like I mentioned, about 700 folks. We've managed to get there on about fifty million dollars in capital raised. We've bought three companies along the way”
Sean Riegsecker Jan 23, 2018 ▶ 3:04 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
Jan 23, 2018 negative
Disclosure
Riegsecker says he would not sell Centro for $250 million
“Not for a quarter of a billion.”
Sean Riegsecker Jan 23, 2018 ▶ 20:45 913 Adtech: Revenues of $110m on $500m Spend, How it breaks down
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