{"id":6645,"date":"2023-08-31T09:55:46","date_gmt":"2023-08-31T09:55:46","guid":{"rendered":"https:\/\/www.artifexmundi.com\/?p=6645"},"modified":"2024-03-17T11:51:14","modified_gmt":"2024-03-17T11:51:14","slug":"bdm-issues-buy-recommendation-for-artifex-mundi-with-target-price-of-pln-22-8","status":"publish","type":"post","link":"https:\/\/www.artifexmundi.com\/en\/bdm-issues-buy-recommendation-for-artifex-mundi-with-target-price-of-pln-22-8\/","title":{"rendered":"BDM issues \u201cbuy\u201d recommendation for Artifex Mundi with target price of PLN 22.8"},"content":{"rendered":"<p><strong>DM BDM analysts issued a \u201cbuy\u201d recommendation for Artifex Mundi, setting the target price at PLN 22.8. The initiating report, as part of the Exchange\u2019s Analytical Coverage Support Program, was published on August 30 with a rate of PLN 17.6.<\/strong><\/p>\n<p>\u201cIn the past few months, the company has consistently exceeded our expectations regarding the monetization of <i>Unsolved<\/i>. Apart from the impressive revenue growth, the most surprising factor for us has been the shift in the trajectory of marketing expenditures. Through further improvement in the KPIs of this application, despite seasonally unfavorable market conditions (high CPI), the company continues to increase user acquisition investments while simultaneously maintaining consistent expected returns. Keeping the above in mind, we anticipate that when user acquisition costs begin to decline (likely around the end of the 3rd or beginning of the 4th quarter), the potential of the implemented changes in the application should be further unlocked, resulting in its continued dynamic progression of results,\u201d as one can read in the recommendation, which was written by Krzysztof Tkocz.<\/p>\n<p>The BDM analyst reminded that \u201ca new metagame should significantly translate into an improvement of the application\u2019s KPIs.\u201d<\/p>\n<p><a href=\"https:\/\/www.artifexmundi.com\/wp-content\/uploads\/2023\/08\/46192690_20230830_0965_ART_PL_RI.pdf\" target=\"_blank\" rel=\"noopener\">RECOMMENDATION [FULL DOCUMENT IN POLISH]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DM BDM analysts issued a \u201cbuy\u201d recommendation for Artifex Mundi, setting the target price at PLN 22.8. The initiating report, as part of the Exchange\u2019s Analytical Coverage Support Program, was published on August 30 with a rate of PLN 17.6. \u201cIn the past few months, the company has consistently exceeded our expectations regarding the monetization [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-6645","post","type-post","status-publish","format-standard","hentry","category-investors-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/posts\/6645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/comments?post=6645"}],"version-history":[{"count":2,"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/posts\/6645\/revisions"}],"predecessor-version":[{"id":6647,"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/posts\/6645\/revisions\/6647"}],"wp:attachment":[{"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/media?parent=6645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/categories?post=6645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artifexmundi.com\/en\/wp-json\/wp\/v2\/tags?post=6645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}