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**Company Overview**
**Name:** Cart Check, Inc.
**Ticker Symbol:** CART
**Exchange:** Nasdaq Stock Market
**Business Description:**
Cart Check is a provider of technology-enabled shopping cart advertising solutions for retailers. The company's platform allows advertisers to deliver targeted, in-store advertising messages to shoppers at the point of purchase.
**Key Metrics:**
**Market Capitalization:** $45.4 million (as of March 8, 2023)
**Revenue:** $11.9 million (TTM)
**Net Income:** $1.7 million (TTM)
**Earnings Per Share (EPS):** $0.11 (TTM)
**Growth and Earnings:**
* **Revenue Growth:** 18.5% year-over-year (TTM)
* **Net Income Growth:** 103.6% year-over-year (TTM)
* **EPS Growth:** 100% year-over-year (TTM)
**Financial Highlights:**
* Strong revenue growth driven by increased demand for in-store advertising.
* Improving profitability with increasing net income and EPS.
* Healthy balance sheet with low debt and ample cash on hand.
**Key Strengths:**
* Proprietary technology platform that enables targeted advertising at the point of purchase.
* Strong relationships with major retailers, including Walmart, Kroger, and Target.
* Growing demand for in-store advertising due to the shift towards omnichannel shopping.
**Key Risks:**
* Competition from other in-store advertising providers.
* Dependence on a limited number of large retail partners.
* Economic downturn could impact retailer spending on advertising.
**Recent Developments:**
* Expanded partnership with Walmart to include advertising in self-checkout lanes.
* Launched new product offerings, including dynamic QR codes and mobile coupons.
* Acquired a competitor, Adspace Networks, to strengthen its market position.
**Investment Thesis:**
Cart Check is a growing company in a high-growth market. The company's proprietary technology, strong retail partnerships, and expanding product offerings position it well for continued success. Investors may consider CART as a potential investment for exposure to the growing in-store advertising market.