We came across a bullish thesis on Yext, Inc. on Show me the incentives...’s Substack. In this article, we will summarize the bulls’ thesis on YEXT. Yext, Inc.'s share was trading at $8.83 as of September 22nd. YEXT’s forward P/E was 13.39 according to Yahoo Finance. Computer with charts Yext (YEXT) has become the center of attention following CEO Michael Walrath’s $9 per share take-private proposal, a modest 11.2% premium that many investors see as a floor rather than a final price. The timing of the b ...

Core Insights - The company experienced sustained momentum entering 2025, following a record fiscal 2024 with a $6 million year-over-year improvement in adjusted EBITDA and expanded gross margin [4] - Q2 2025 marked the fifth consecutive quarter of positive adjusted EBITDA, approximately $1 million, representing a 24% year-over-year increase, with gross margin expanding to 48% from 45.5% in Q2 2024 [5] - The first half of 2025 saw gross margin nearly reaching 50%, up from 44.9% in the same period last year, indicating scalability and operating leverage of the AI-driven platform [5] - A significant milestone in SaaS adoption was achieved in Q2, with the signing of the largest SaaS contract to date, involving the implementation of VIQ's NetScribe platform across 9 judicial entities [6]

Core Insights - Creatd's aviation subsidiary, Flyte, has launched a new offering called Empty Legs, which provides pre-scheduled one-way flights at significantly reduced rates, aiming to monetize aircraft repositioning and lower costs for consumers [3][5] - The Empty Legs program offers discounts of up to 90% compared to traditional charter rates, targeting first-time private flyers and cost-conscious corporate travelers [5][7] - The initiative is expected to generate high-margin revenue and provide valuable data insights for future scheduled services, particularly for Vision Jet routes [6][10] Pricing and Revenue Model - Flyte's Empty Legs program allows the conversion of unavoidable repositioning expenses into a profitable revenue stream, with minimal variable costs [5] - Each booking serves as a data point for real-world demand, guiding the development of future ticket-based services [6][10] Market Strategy - Flyte is collaborating with a select group of Part 135 operators to enhance route coverage without increasing fleet capital, leveraging operational data to inform service rollout [8][9] - The program aims to refine pricing algorithms and deepen partnerships with operators, facilitating the launch of scheduled Vision Jet shuttles [10] Customer Experience - Passengers using the Empty Legs service will enjoy private-terminal access, expedited boarding, and amenities comparable to full-fare charters [9] - The inventory for Empty Legs is searchable in real-time via Flyte's web app, maximizing seat absorption and data capture [9]