Published on 10 Aug 2023 on Simply Wall St. via Yahoo Finance

comScore, Inc. (NASDAQ:SCOR): Is Breakeven Near?

With the business potentially at an important milestone, we thought we'd take a closer look at comScore, Inc.'s (NASDAQ:SCOR) future prospects. comScore, Inc. operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms in the United States, Europe, Latin America, Canada, and internationally. With the latest financial year loss of US$82m and a trailing-twelve-month loss of US$121m, the US$74m market-cap company amplified its loss by moving further away from its breakeven target. The most pressing concern for investors is comScore's path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts’ expectations for the company.

Check out our latest analysis for comScore

Consensus from 4 of the American Media analysts is that comScore is on the verge of breakeven. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$11m in 2025. So, the company is predicted to breakeven approximately 2 years from today. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 107%, which signals high confidence from analysts. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.