Eletromidia (ELMD3): Brazil’s Largest OOH Advertiser w/ Monopoly on Digital Ad Inventory
Eletromidia (BVMF:ELMD3) is Brazil’s largest Out-Of-Home (OOH) advertiser. The company has a monopoly in the space, commanding ~84% of the country’s digital advertising inventory and 45% of total ad inventory. Q1 2021 hedge fund letters, conferences and more Digital OOH advertising will grow disproportionately higher than its static competition over the next few years. This will allow ELMD3 to capture unfair market share gains, above-average revenue growth, and large profits. Brazil is the seventh-largest advertising market globally and the largest in Latin America, with total advertising reve...