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Technology - Software - Application - NASDAQ - US
$ 1.83
4.57 %
$ 16.9 M
Market Cap
-9.15
P/E
1. INTRINSIC VALUE

Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. The company offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and Vumber, a telecommunications application that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user's existing cell phone or landline telephone number. In addition, the company provides product payment options, where users can pay by credit card, PayPal, western union, check, local e-wallet providers, or complete an in-app purchase through the Apple App Store or Google Play Store for Android users.[ Read More ]

The intrinsic value of one PALT stock under the base case scenario is HIDDEN Compared to the current market price of 1.83 USD, Paltalk, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PALT

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FINANCIALS
11 M REVENUE
-0.09%
-2.07 M OPERATING INCOME
43.31%
-1.07 M NET INCOME
68.72%
-1.08 M OPERATING CASH FLOW
63.48%
-85 K INVESTING CASH FLOW
97.11%
-7.21 K FINANCING CASH FLOW
99.28%
2.12 M REVENUE
-4.65%
-1.69 M OPERATING INCOME
-43.73%
-1.51 M NET INCOME
-61.56%
-780 K OPERATING CASH FLOW
-210.32%
0 INVESTING CASH FLOW
0.00%
39.8 K FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Paltalk, Inc.
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Current Assets 14.8 M
Cash & Short-Term Investments 13.6 M
Receivables 207 K
Other Current Assets 991 K
Non-Current Assets 9.21 M
Long-Term Investments 0
PP&E 77 K
Other Non-Current Assets 9.13 M
Current Liabilities 3.14 M
Accounts Payable 792 K
Short-Term Debt 77 K
Other Current Liabilities 2.27 M
Non-Current Liabilities 703 K
Long-Term Debt 0
Other Non-Current Liabilities 703 K
EFFICIENCY
Earnings Waterfall Paltalk, Inc.
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Revenue 11 M
Cost Of Revenue 3.24 M
Gross Profit 7.74 M
Operating Expenses 9.81 M
Operating Income -2.07 M
Other Expenses -1 M
Net Income -1.07 M
RATIOS
70.51% GROSS MARGIN
70.51%
-18.85% OPERATING MARGIN
-18.85%
-9.72% NET MARGIN
-9.72%
-5.30% ROE
-5.30%
-4.45% ROA
-4.45%
-10.09% ROIC
-10.09%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Paltalk, Inc.
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Net Income -1.07 M
Depreciation & Amortization 905 K
Capital Expenditures 0
Stock-Based Compensation 235 K
Change in Working Capital -1.1 M
Others -809 K
Free Cash Flow -1.08 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Paltalk, Inc.
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PALT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Paltalk, Inc.
image
Sold
0-3 MONTHS
33 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
163 K USD 1
9-12 MONTHS
302 K USD 1
Bought
75.8 K USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 06, 2024
Bought 7.57 K USD
Abada Yoram
Director
+ 2500
3.03 USD
2 months ago
Sep 05, 2024
Bought 68.2 K USD
Katz Jason
CEO, President, COO & Chairman
+ 25000
2.73 USD
2 months ago
Aug 26, 2024
Sell 24.1 K USD
J. Crew Delaware Trust B
10 percent owner
- 4853
4.96 USD
2 months ago
Aug 23, 2024
Sell 8.93 K USD
J. Crew Delaware Trust B
10 percent owner
- 1800
4.96 USD
8 months ago
Mar 14, 2024
Sell 74.2 USD
J. Crew Delaware Trust B
10 percent owner
- 15
4.95 USD
8 months ago
Mar 11, 2024
Sell 10.4 K USD
J. Crew Delaware Trust B
10 percent owner
- 2107
4.95 USD
8 months ago
Mar 13, 2024
Sell 63.1 K USD
J. Crew Delaware Trust B
10 percent owner
- 12697
4.97 USD
8 months ago
Feb 28, 2024
Sell 2.57 K USD
J. Crew Delaware Trust B
10 percent owner
- 519
4.96 USD
8 months ago
Feb 26, 2024
Sell 4.43 K USD
J. Crew Delaware Trust B
10 percent owner
- 894
4.96 USD
8 months ago
Feb 21, 2024
Sell 61.4 K USD
J. Crew Delaware Trust B
10 percent owner
- 12364
4.97 USD
9 months ago
Feb 12, 2024
Sell 21.1 K USD
J. Crew Delaware Trust B
10 percent owner
- 4245
4.97 USD
9 months ago
Feb 07, 2024
Sell 21.4 K USD
J. Crew Delaware Trust B
10 percent owner
- 4300
4.97 USD
9 months ago
Feb 02, 2024
Sell 172 K USD
J. Crew Delaware Trust B
10 percent owner
- 34567
4.99 USD
9 months ago
Feb 05, 2024
Sell 61.9 K USD
J. Crew Delaware Trust B
10 percent owner
- 12290
5.04 USD
9 months ago
Feb 06, 2024
Sell 46.4 K USD
J. Crew Delaware Trust B
10 percent owner
- 9349
4.96 USD
2 years ago
Aug 24, 2022
Bought 10.6 K USD
Katz Jason
CEO, President, COO & Chairman
+ 5900
1.79 USD
2 years ago
Aug 23, 2022
Bought 16.3 K USD
Katz Jason
CEO, President, COO & Chairman
+ 9100
1.79 USD
2 years ago
Jun 13, 2022
Bought 10.4 K USD
Katz Jason
CEO, President, COO & Chairman
+ 5000
2.07 USD
2 years ago
Jun 10, 2022
Bought 43.8 K USD
Katz Jason
CEO, President, COO & Chairman
+ 20000
2.19 USD
2 years ago
Nov 23, 2021
Bought 3.35 K USD
Abada Yoram
Director
+ 1000
3.35 USD
2 years ago
Nov 22, 2021
Bought 17.8 K USD
Katz Jason
CEO, President, COO & Chairman
+ 5000
3.57 USD
2 years ago
Nov 19, 2021
Bought 38.8 K USD
Katz Jason
CEO, President, COO & Chairman
+ 10000
3.88 USD
3 years ago
Aug 25, 2021
Bought 1.42 K USD
Katz Jason
CEO, President, COO & Chairman
+ 400
3.55 USD
3 years ago
Aug 24, 2021
Bought 10.3 K USD
Katz Jason
CEO, President, COO & Chairman
+ 2900
3.55 USD
3 years ago
Aug 17, 2021
Bought 6.58 K USD
Katz Jason
CEO, President, COO & Chairman
+ 2030
3.24 USD
3 years ago
Nov 18, 2020
Bought 12.4 K USD
Katz Jason
CEO, President, COO & Chairman
+ 9900
1.25 USD
4 years ago
Nov 17, 2020
Bought 125 USD
Katz Jason
CEO, President, COO & Chairman
+ 100
1.25 USD
4 years ago
Aug 18, 2020
Bought 4.94 K USD
Katz Jason
CEO, President, COO & Chairman
+ 3660
1.35 USD
4 years ago
Aug 17, 2020
Bought 3.14 K USD
Katz Jason
CEO, President, COO & Chairman
+ 2340
1.34 USD
4 years ago
Aug 13, 2020
Bought 3 K USD
Katz Jason
CEO, President, COO & Chairman
+ 2000
1.5 USD
4 years ago
Aug 12, 2020
Bought 750 USD
Katz Jason
CEO, President, COO & Chairman
+ 500
1.5 USD
4 years ago
Jun 01, 2020
Bought 715 USD
Katz Jason
CEO, President, COO & Chairman
+ 650
1.1 USD
4 years ago
May 21, 2020
Bought 4.68 K USD
Katz Jason
CEO, President, COO, Chairman
+ 4000
1.17 USD
4 years ago
May 20, 2020
Sell 4.11 K USD
Lerner Clifford
- 3000
1.37 USD
4 years ago
May 21, 2020
Sell 8.05 K USD
Lerner Clifford
- 7000
1.15 USD
4 years ago
Mar 04, 2020
Sell 8.1 K USD
Lerner Clifford
10 percent owner
- 10000
0.81 USD
4 years ago
Feb 19, 2020
Sell 1.14 K USD
Lerner Clifford
10 percent owner
- 900
1.27 USD
4 years ago
Dec 16, 2019
Sell 12 K USD
Lerner Clifford
10 percent owner
- 10000
1.2 USD
4 years ago
Dec 17, 2019
Sell 685 USD
Lerner Clifford
10 percent owner
- 500
1.37 USD
4 years ago
Nov 25, 2019
Sell 3.36 K USD
Lerner Clifford
10 percent owner
- 1900
1.77 USD
5 years ago
Nov 11, 2019
Sell 1.23 K USD
Lerner Clifford
10 percent owner
- 900
1.37 USD
5 years ago
Nov 01, 2019
Sell 10.2 K USD
Lerner Clifford
10 percent owner
- 7399
1.38 USD
5 years ago
Nov 05, 2019
Sell 12.2 K USD
Lerner Clifford
10 percent owner
- 10000
1.22 USD
6 years ago
Nov 16, 2018
Bought 7.88 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 1500
5.25 USD
6 years ago
Nov 15, 2018
Bought 7.03 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 1429
4.92 USD
6 years ago
Nov 14, 2018
Bought 10.7 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 2268
4.7 USD
6 years ago
May 30, 2018
Bought 68.8 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 11367
6.05 USD
6 years ago
May 29, 2018
Bought 51.5 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 8633
5.96 USD
6 years ago
May 08, 2018
Sell 300 K USD
Lerner Clifford
director, 10 percent owner:
- 60000
5 USD
6 years ago
Dec 13, 2017
Sell 39.8 K USD
Lerner Clifford
director, 10 percent owner:
- 5545
7.18 USD
6 years ago
Dec 14, 2017
Sell 7.49 K USD
Lerner Clifford
director, 10 percent owner:
- 1100
6.81 USD
6 years ago
Dec 14, 2017
Sell 2.95 K USD
Lerner Clifford
director, 10 percent owner:
- 500
5.9 USD
6 years ago
Nov 29, 2017
Bought 62.6 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 20000
3.13 USD
6 years ago
Nov 29, 2017
Bought 62.6 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 20000
3.13 USD
6 years ago
Nov 21, 2017
Bought 180 USD
Krandel Judy
Chief Financial Officer
+ 100
1.8 USD
6 years ago
Nov 20, 2017
Bought 748 USD
Katz Jason
CHMN of the Board, PRES & COO
+ 440
1.7 USD
7 years ago
Nov 17, 2017
Bought 9.5 K USD
Vakil Arash
Chief Product Officer
+ 5000
1.9 USD
7 years ago
Nov 17, 2017
Bought 13.3 K USD
Silberstein John
Director
+ 7000
1.9 USD
7 years ago
Nov 17, 2017
Bought 38 K USD
Krandel Judy
Chief Financial Officer
+ 20000
1.9 USD
7 years ago
Nov 17, 2017
Bought 31.2 K USD
Katz Jason
CHMN of the Board, PRES & COO
+ 16429
1.9 USD
7 years ago
Nov 17, 2017
Bought 15.2 K USD
Abada Yoram
Director
+ 8000
1.9 USD
7 years ago
May 16, 2017
Bought 30 K USD
Vakil Arash
Chief Product Officer
+ 10000
3 USD
7. News
Paltalk, Inc. (PALT) Q3 2024 Earnings Call Transcript Paltalk, Inc. (NASDAQ:PALT ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Kara Jenny - Chief Financial Officer Jason Katz - Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Paltalk Third Quarter 2024 Results Conference Call. At this time, all participants are on a listen-only mode. seekingalpha.com - 3 days ago
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Paltalk, Inc. – PALT NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Paltalk, Inc. ( N asdaq: PALT ) , relating to its proposed merger with Newtek Technology Solutions, Inc. Under the terms of the agreement, Paltalk has agreed to pay Newtek an amount in cash equal to $4,000,000, subject to customary purchase price adjustments, and issue Newtek 4,000,000 shares of a newly created series of Paltalk's preferred stock, the Series A Non-Voting Common Equivalent Stock. The newly created preferred stock will automatically convert into one share of Paltalk common stock upon the occurrence of certain qualifying dispositions by Newtek. globenewswire.com - 1 week ago
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Paltalk, Inc. – PALT NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Paltalk, Inc. ( N asdaq: PALT) , relating to its proposed merger with Newtek Technology Solutions, Inc. Under the terms of the agreement, Paltalk has agreed to pay Newtek an amount in cash equal to $4,000,000, subject to customary purchase price adjustments, and issue Newtek 4,000,000 shares of a newly created series of Paltalk's preferred stock, the Series A Non-Voting Common Equivalent Stock. The newly created preferred stock will automatically convert into one share of Paltalk common stock upon the occurrence of certain qualifying dispositions by Newtek. globenewswire.com - 1 week ago
Paltalk Holdings Announces Judge Enters Final Judgment in Connection With Cisco Jury Verdict JERICHO, N.Y. , Oct. 11, 2024 (GLOBE NEWSWIRE) -- Paltalk, Inc. (“Paltalk,” the “Company,” “we,” our,” or “us”) (NASDAQ: PALT), announced today that on October 8, 2024, an order granting a motion for final judgment (the “Final Judgment”) was entered into in the District Court for the Western District of Texas (the “Court”) in connection with the Company's patent infringement lawsuit (the “Lawsuit”) against Cisco Systems, Inc. (“Cisco”). globenewswire.com - 1 month ago
NewtekOne: Undervalued On 6.5% Dividend Yield, Paltalk Equity, Rate Cut Euphoria I've been buying NewtekOne, Inc.'s shares for its 6.5% dividend yield. NewtekOne's transformation from a business development company to a bank holding company came as the banking crisis from high interest rates began. Despite challenges, NEWT's fiscal 2024 second-quarter revenue rose 22.4% year-over-year, beating estimates, with GAAP earnings of $0.43 per share. seekingalpha.com - 1 month ago
Paltalk Holdings, Inc. Awarded $65.7 Million Jury Verdict Against Cisco Systems Inc. JERICHO, NY, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedia social applications, today announced that a jury in the District Court for the Western District of Texas (the “Court”) has awarded the Company $65.7 million in a verdict against Cisco Systems, Inc. (“Cisco”) for infringing U.S. Patent No. 6,683,858. globenewswire.com - 2 months ago
Paltalk, Inc. (PALT) Q2 2024 Earnings Call Transcript Paltalk, Inc. (NASDAQ:PALT ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Kara Jenny - Chief Financial Officer Jason Katz - Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Paltalk Second Quarter 2024 Results Conference Call. At this time, all participants are on a listen-only mode. seekingalpha.com - 3 months ago
Paltalk, Inc. Reports Results for Second Quarter 2024 Cash Balance of $12.8 Million at June 30, 2024 JERICHO, NY, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedia social applications, today announced financial and operational results for the second quarter ended June 30, 2024. Key Financial Highlights for Second Quarter Ended June 30, 2024 Compared to Prior Year Period Revenue decreased 24.7% to $2.2 million Subscription revenue decreased 26.1% to $2.1 million Advertising revenue increased 29.2% to $0.1 million Net loss was $0.9 million compared to a net income of $0.1 million, a decline of 788.8% Adjusted EBITDA1 loss was $0.9 million compared to Adjusted EBITDA1 loss of $14,945 Cash balance decreased $0.2 million from the first quarter of 2024 to $12.8 million Key Financial Highlights for the Six Months Ended June 30, 2024 Compared to Prior Year Period Revenue decreased 12.6% to $4.8 million Subscription revenue decreased 14.4% to $4.6 million Advertising revenue increased 59.6% to $0.2 million Net loss was $1.4 million compared to a net loss of $0.6 million, an increase of 136.7% Adjusted EBITDA1 loss was $1.4 million compared to Adjusted EBITDA1 loss of $0.7 million Net cash used in operating activities for the six months ended decreased 22.5% to $0.8 million Deferred revenue decreased 12.6% to $1.9 million as of June 30, 2024 compared to June 30, 2023 The Company had $12.8 million in cash and no long-term debt on its balance sheet as of June 30, 2024 Operational Highlights Entered into an Agreement and Plan of Merger (the “Agreement”) to acquire Newtek Technology Solutions, Inc. (“NTS”) from NewtekOne, Inc. (“Newtek”), the sole stockholder of NTS, through a two-step merger process. globenewswire.com - 3 months ago
NewtekOne (NEWT) Agrees to Divest Newtek Technology to Paltalk NewtekOne (NEWT) enters an agreement to sell its wholly-owned subsidiary to Paltalk. zacks.com - 3 months ago
NewtekOne Enters into Agreement to Sell Newtek Technology Solutions, Inc. BOCA RATON, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or the “Company”) (Nasdaq: NEWT) has entered into a definitive agreement (the “Agreement”) to sell its wholly owned subsidiary Newtek Technology Solutions, Inc. (“NTS”) to Paltalk, Inc. (“Paltalk”) (Nasdaq: PALT) (the “NTS Sale”). As previously disclosed, in connection with Company's acquisition of Newtek Bank and transition to a financial holding company, the Company made a commitment to the Board of Governors of the Federal Reserve System to divest or terminate the activities of NTS, which manages information technology hardware and software for approximately 17,000 customers. globenewswire.com - 3 months ago
Paltalk to Host Second Quarter 2024 Earnings Results Conference Call on Tuesday, August 13, 2024 at 4:30 p.m. ET JERICHO, NY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a communications software innovator that powers multimedia social applications, is pleased to announce that it will host its second quarter 2024 earnings results conference call on Tuesday, August 13, 2024 at 4:30 p.m. Eastern Time. globenewswire.com - 3 months ago
Paltalk, Inc. Reports Increased Operating Efficiencies with 69% Reduction in Net Loss for Fiscal Year 2023 Net Cash Used in Operating Activities for Q4 2023 was $0.1 Million Q4 2023 Cash Balance Remains Strong at $13.6 Million and No Long-Term Debt JERICHO, NY, March 15, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire  -- Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedia social applications, today announced financial and operational results for the fourth quarter and year ended December 31, 2023. Key Financial Highlights for Fourth Quarter Ended December 31, 2023 Compared to Prior Year Period Total Revenue decreased 4% to $2.7 million Subscription revenue decreased 5% to $2.6 million Advertising revenue increased 40% to $0.1 million Net loss was $0.3 million compared to a net loss of $0.5 million, an improvement of 43% Adjusted EBITDA1 loss was $0.2 million compared to Adjusted EBITDA1 loss of $0.5 million, an improvement of 53% Net cash used in operating activities for the quarter was $0.1 million Key Financial Highlights for Year Ended December 31, 2023 Compared to Prior Year Period Total Revenue remained relatively unchanged at $11.0 million Subscription revenue remained relatively unchanged at $10.6 million Advertising revenue increased 1.9% to $0.3 million Net loss was $1.1 million compared to a net loss of $3.4 million, an improvement of 68% Adjusted EBITDA1 loss was $1.0 million compared to Adjusted EBITDA1 loss of $2.6 million, an improvement of 62% Deferred revenue decreased 9% to $2.0 million as of December 31, 2023 The Company had $13.6 million in cash and no long-term debt on its balance sheet as of December 31, 2023 Business Highlights for the Year Ended December 31, 2023 Leveraging our integration of the ManyCam product into Paltalk through upselling initiatives Further optimizing marketing spend to effectively realize a positive return on our investment Evaluating avenues to optimize and reduce expenses with our infrastructure  Continuing to explore strategic opportunities, including, but not limited to, potential mergers or acquisitions of other assets or entities that are synergistic to our businesses Continuing to defend our intellectual property         1 Adjusted EBITDA is a non-GAAP financial measure. globenewswire.com - 8 months ago
8. Profile Summary

Paltalk, Inc. PALT

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 16.9 M
Dividend Yield 0.00%
Description Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. The company offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and Vumber, a telecommunications application that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user's existing cell phone or landline telephone number. In addition, the company provides product payment options, where users can pay by credit card, PayPal, western union, check, local e-wallet providers, or complete an in-app purchase through the Apple App Store or Google Play Store for Android users. It also provides technology services and professional services, such as development, integration, engineering, licensing, other services. The company was formerly known as PeerStream, Inc. and changed its name to Paltalk, Inc. in May 2020. Paltalk, Inc. is based in Jericho, New York.
Contact 30 Jericho Executive Plaza, Jericho, NY, 11753 https://www.paltalk.com
IPO Date Nov. 2, 2006
Employees 17
Officers Mr. Adam Zalko Senior Vice President Ms. Kara B. Jenny Chief Financial Officer, Corporate Secretary & Executive Director Mr. Jason Katz Founder, Chairman of the Board, President, Chief Executive Officer & Chief Operating Officer