New Product LaunchThe firm started generating initial revenue for its recently launched Website-Unblocker, added some of the world's largest and most recognized brands, and made progress on adding API and analytical capabilities to its data products.
Revenue GrowthNetNut revenue growth remains impressive, growing 73% year over year and now at 98% of total revenue.
ValuationFor a business that is on track to produce a growth + margin profile among the best in software in 2024 and 2025, there is a dislocation in valuation and this is seen as an attractive entry point for investors.