Marble Arch Research, Inc. Initiates Research Coverage of APPlife Digital Solutions, Inc.
SAN FRANCISCO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- APPlife Digital Solutions, Inc. (OTCQB: ALDS) (“APPlife”, the Company”), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions, is very pleased to announce that Marble Arch Research Inc., a leading independent equity research provider, has produced a new investment research report on the Company. The report provides an overview of recent events, new initiatives, and the Company’s valuation relative to its peer group.
The sponsored research update also carries a rating and a price target and can be accessed here: http://www.applifedigital.com/investors/research/
Marble Arch Summary Analysis of Expanding Opportunities for APPlife Digital Solutions, Inc.
Marble Arch Research notes that: “APPlife Digital Solutions is not just another e-commerce/digital technology play. Overseen by a multi-skilled and accomplished executive leadership team and Board of Directors, small-cap APPlife can claim a differentiated business model from most other app and wesite developers. APPlife’s hybrid incubator/venture studio style business model embracing a combination of in-house developments and investments in early stage but revenue-generating acquisitions, affords the company not only a greater opportunity to produce multiple and diverse revenue streams, but also gives it the capacity to drive a faster growth trajectory.”
Marble Arch Research continues: “APPlife’s business model lends itself to the potential for substantial value creation down the road. This claim is strongly supported by the outstanding success of an industry benchmark for this type of model, belonging to China’s Tencent. APPlife is only at the start of its journey and has yet to establish a track record of success. Taking this into account, we rate APPlife a Speculative Buy, but put it on watch for a possible upgrade to a firm BUY as we monitor the company’s early execution progress. Our valuation analysis indicates substantial share upside potential to the $0.64-$2.98 range, with further significant value upside in the making as it looks to grow its digital assets portfolio both organically and by acquisition.”
ABOUT APPLIFE DIGITAL SOLUTIONS, INC.