Kahoot is down 40% in just two weeks. While many tech stocks have substantially lost in the recent weeks, Kahoot’s fall has been more extreme. Apparently, Softbank has sold its stake leading to additional downward pressure. At the same time, Google Trends is pointing towards a strong start for Kahoot’s important back to school/university season. Moreover it has recently launched its marketplace where educators can sell their contents (often Kahoot Quizzes + explanatory slides). I am strongly convinced Kahoot has a bright future and so is its management. Guidance for this year is $190m in invoiced revenue, for 2025, the company targets $500m in invoiced revenue with 40% cash conversion.
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