UK Markets close in 3 hrs 20 mins
  • FTSE 100

    7,444.55
    +141.81 (+1.94%)
     
  • FTSE 250

    20,026.09
    +337.07 (+1.71%)
     
  • AIM

    961.84
    +14.67 (+1.55%)
     
  • GBP/EUR

    1.1792
    +0.0010 (+0.08%)
     
  • GBP/USD

    1.2472
    -0.0003 (-0.0225%)
     
  • BTC-GBP

    24,357.94
    +665.82 (+2.81%)
     
  • CMC Crypto 200

    678.48
    +26.25 (+4.02%)
     
  • S&P 500

    3,900.79
    -22.89 (-0.58%)
     
  • DOW

    31,253.13
    -236.94 (-0.75%)
     
  • CRUDE OIL

    112.79
    +0.58 (+0.52%)
     
  • GOLD FUTURES

    1,841.00
    -0.20 (-0.01%)
     
  • NIKKEI 225

    26,739.03
    +336.19 (+1.27%)
     
  • HANG SENG

    20,717.24
    +596.56 (+2.96%)
     
  • DAX

    14,152.49
    +270.19 (+1.95%)
     
  • CAC 40

    6,374.15
    +101.44 (+1.62%)
     

Hardman & Co Research: Phunware (PHUN) - Mobile today, a data utility ecosystem for the future

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Hardman & Co Research
Hardman & Co Research: Phunware (PHUN) - Mobile today, a data utility ecosystem for the future
04-May-2022 / 10:05 GMT/BST

Hardman & Co Research (Initiation of coverage) on Phunware (PHUN):
Mobile today, a data utility ecosystem for the future

Phunware is a high-growth business selling technologies to enterprises to enhance their engagement with customers over mobile platforms. Its vision is far greater, revolving around a cryptocurrency-based ecosystem that allows individuals to be compensated for the use of their data, and to earn rewards for engaging with incentives and rewards programmes. The launch of a utility token, as well as a regulated security token, will be the first by a US-listed company (NASDAQ in this case), potentially creating a noteworthy valuation disconnect between Phunware’s current market capitalisation of $197m and the value of its holdings in PhunToken and PhunCoin. Our DCF analysis indicates an implied fair equity value of c.$222m.

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/mobile-today-a-data-utility-ecosystem-for-the-future/

If you are interested in meeting the company, you can register your interest by clicking on the above link

To contact us:

Hardman & Co
1 Frederick’s Place

London

EC2R 8AE

www.hardmanandco.com

Follow us on Twitter @HardmanandCo

Contact:

Milan Radia



+44(0)203 693 7075

 

mr@hardmanandco.com
 

Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.

About Hardman & Co: For the past 25 years Hardman has been producing specialist research designed to improve investors’ understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies’ profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.

Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies.  It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer.


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

End of Announcement - EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting