Since listing in mid-2014 at $2.04 per share, the iSentia Group Ltd (ASX: ISD) share price has seen many ups and downs. The all-time high of $4.93 began to come unwound in January last year, and seems like a distant memory today. In fact it's now fallen 58% since then as the chart below shows:
The latest hit came from the recent King Content acquisition, which delivered a hefty loss in the first 6 months – although management is hoping it will turn around over time, if not this financial year.
The core media intelligence and valued added services business performed OK, while the expansion into South-East Asia has some promise as earnings and revenues in the region continue to grow at steady rates.
Either way, at today's prices iSentia is no longer priced for growth, and could prove worthy of closer investigation for those who see potential in the core business.
