The number of visitors to the top 2 companies - WGCZ & Mindgeek are huge!
They get about 5 billion visitors per month each.
WGCZ is the 8th largest website globally by traffic.
I see JP Morgan was an out of the press investor in WGCZ & both companies have annual revenue of ~ $500 million.
Right now though porn sites are this weird contradiction - almost everyone uses them, they make lots of money - but no one wants to publicly acknowledge them.
So they’re probably great investment opportunities but no one will admit to investing in them!
It’s kind of Peter Lynch’s perfect company - a grubby company in a grubby sector, with zero financial press, zero hyped PE Ratio, which makes tons of earnings !
Submitted June 25, 2021 at 04:48AM by MurkyGrape5901 https://ift.tt/3w0kuvw
