You see it happening every day, but how to play it as an investor?
Cord-cutting is on the rise and it’s just one reasons Canada’s Sabio Holdings (Sabio Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:SBIO) is growing rapidly.
Sabio CEO Aziz Rahimtoola sat down with Amber Mac at the Cantech Letter Investment Conference in Toronto October 9 to talk about what is driving the company’s double-digit organic growth and what to look for in 2025, noting that Sabio starts every year with a huge leg up from recurring revenue.
“We are doing some testing of some new products sets, we are doing some testing on programmatic, which is a new form of advertising in the CTV space,” he said. “We are also going to launch some additional channels, we are going to be launching our own streaming channels, which is going to be a game-changer for us. Beyond that, the core business continues to see double-digit growth. We have a 90 to 91 per cent recurring revenue model. Once we go and work with some of the top brands in the world, they come back for more. IN fact, 70 per cent of the 90, came back and spent more with us.”
For the complete interview, see below:
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