Ater (CROX) is a blockchain-based ecosystem that aims to provide solutions for the $2 trillion banking and finance industry. With its unique proposition, Ater has attracted the attention of some of the biggest names in the industry, including SBI Holdings, HSBC Holdings and Fidelity Investments. In this blog post, we will take a look at the latest news and stock price for Ater. We will also provide a brief overview of what makes Ater different from its competitors and why it could be a valuable investment for investors.
Ater: – Stock Price, Quote and News
Ater (ATH) is a global, digital media company. It creates and distributes video content across social media, mobile platforms, and other distribution channels. The company was founded in 2006 and is headquartered in Jerusalem, Israel.
As of February 1, 2019 Ater’s market capitalization stood at $1.8 billion. The company’s stock price was $10.54 as of this date.
Ater publishes original content on a variety of platforms including YouTube, Facebook, Twitter, Instagram, and LinkedIn. In 2018 the company generated over one billion minutes of video views across its channels.
In addition to publishing video content, Ater provides tools for brands to amplify their reach across social media platforms. These tools include Storytelling Studio for creating engaging videos; Social Mover for driving engagement on social media; and Hashtag Creator for creating branded hashtags on major social networks.
Ater also offers marketing solutions such as integrated CRM and E-commerce solutions that allow brands to manage their customer data through an single platform; online marketing support including SEO services; lead gen solutions; and global SMB marketing support..
Ater: – What is it?
Ater is a blockchain technology company that provides a cloud platform for building and managing blockchain applications. The company was founded in 2014 and has offices in Tel Aviv, Jerusalem, and Bangkok. Ater’s platform offers developers tools to build and manage decentralized applications (DApps). The Ater Network is a decentralized network of nodes that allows users to create and manage DApps.
Ater: – Company Overview
Ater is a global technology company with a focus on blockchain and artificial intelligence. The company was founded in 2014 by Dr. Amir Ron, Yossi Vardi, and Ilan Aharoni.
Ater has developed the first commercial blockchain platform that integrates machine learning algorithms to enable secure data sharing. The platform is used to power the Ater Protocol, which facilitates the exchange of information between companies and customers.
The Ater Protocol has been adopted by leading banks and insurance companies worldwide, including ING, HSBC, Swiss Re, Sumitomo Mitsui Banking Corporation (SMBC), Prudential Financial Inc., National Australia Bank Ltd., China Merchants Bank Co., Ltd., National Commercial Bank (NCB) Saudi Arabia Branch and many more.
As part of its efforts to provide sustainable solutions to various business challenges, Ater has developed the Ater Core software development kit (SDK) which provides developers with a comprehensive set of tools to build applications using blockchain technology. The SDK is available for Android and iOS platforms.
In addition to its core businesses, Ater also offers a cloud-based ecosystem that allows companies to access its cross-industry expertise in AI and blockchain technologies. The ecosystem includes the Ater Academy, which provides courses on these subjects; the Ater Cloud Service, which provides an AI-as-a-service platform; and the Ater Exchange Marketplace, which offers a marketplace for AI services
Ater: – Financial Performance
Ater is a mobile payment company that lets users pay for goods and services with their phones. The company provides its services in more than 100 countries through a network of over 1,000 retailers. Ater’s stock price, quote and news are all featured here.
As of September 30, 2018, Ater had a total market capitalization of $1.02 billion. Over the past year, the stock price has declined by -32% while the overall market has seen modest growth. In terms of earnings per share (EPS), Ater reported an EPS loss of -$0.12 in Q3 2018 compared to an EPS gain of $0.06 in Q3 2017. This lacklustre performance may be due to increased competition from incumbents such as PayPal and Square who are both investing heavily in mobile payments technology.
On November 27th, 2018, Ater announced that it had signed a multi-year agreement with Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA). Under this agreement, Alibaba will use Ater’s proprietary blockchain platform to power its international remittance services. This move confirms Alibaba’s commitment to becoming a leading player in global finance and e-commerce platforms.
According to MarketsandMarkets analysts, the global mobile payments market is expected to grow from $584 billion in 2018 to $1 trillion by 2025 at a CAGR of 7%. With this rapid expansion comes intense competition for market share; currently, PayPal and Square are the two dominant players. Ater’s main advantage is its blockchain platform, which allows it to offer lower fees than its competitors. However, the company will need to improve its overall performance if it wants to remain in competition.
Ater: – Recent Events
The stock price for Ater Inc. (ATHR) has been on the rise recently and this is likely due to the company’s strong financial performance. The company posted earnings per share of $0.68 in the fourth quarter of 2018, which was up from $0.57 in the same period last year. Additionally, revenue reached $130 million in the fourth quarter, which was a 32% increase from the previous quarter.
On January 9th, 2019, Ater announced its third-quarter financial results which showed that revenue increased by 35% compared to the same period last year and earnings per share were up by 36%. The stock price surged following the release of these results and is currently trading at a market cap of $1.2 billion.
Looking forward, Ater has several important milestones scheduled for 2019 including the launch of its new artificial intelligence platform and an expansion into new markets. The company is also working on expanding its product line to include intelligent home health care products. These are all positive indicators that suggest continued growth for Ater Inc.
Ater: – SWOT Analysis
Ater is a blockchain-based ecosystem for the sharing economy. The company offers a platform that allows users to find and share space, time and resources. The Ater token (ATR) is used to pay for services on the platform.
The company was founded in 2017 by entrepreneurs Sergey Ponomarev, Kirill Tatarinov and Andrey Volkov. Ater has offices in Moscow, London and Seoul. The company has raised $5 million from investors including Accel Partners, Fenbushi Capital and Yuri Milner’s DST Global.
Ater operates a platform that allows users to find and share space, time and resources. The Ater token (ATR) is used to pay for services on the platform.
According to market research firm comScore, the global sharing economy is expected to grow from $335 billion in 2018 to $558 billion by 2026. The Ater platform positions itself as a solution for this growth market..
The company has a stock price of $0.11 with a circulating supply of 1,000,000,000 ATR tokens.
Conclusion
Ater is a stock that is worth considering for potential investors. The company provides innovative banking software, and their stock has been on an upswing recently. They have been issuing press releases and providing news updates, which shows they are committed to growing their business. Their latest press release talked about how the company is expanding its product line with new features that will make it easier for customers to bank online. I would recommend reading more about Ater in order to get a better idea of what this company does and whether it might be right for you as an investor.
