YHN Acquisition I Limited Unit (YHNAU)

YHN Acquisition I Limited Unit: A Comprehensive Overview

Company Profile:

Detailed History and Background: YHN Acquisition I Limited Unit is a special purpose acquisition company (SPAC) established in November 2020. It is based in the Cayman Islands and focuses on acquiring businesses in the internet and technology sectors. On October 27, 2023, YHN I announced its merger with Yext, a cloud-based Digital Knowledge Management (DKM) platform. This merger was finalized on January 18, 2023, and YHN I changed its name to Yext, Inc. (NYSE: YEXT).

Core Business Areas: Yext primarily focuses on providing a Digital Knowledge Management (DKM) platform that helps businesses manage their online brand information across various platforms. This ensures consistent and accurate information accessible to customers through search engines, voice assistants, websites, and mobile apps.

Leadership and Corporate Structure: Yext is led by Howard Lerman, who serves as the Chief Executive Officer and Chairman of the Board. The executive team comprises experienced individuals with expertise in various fields, including technology, marketing, and finance.

Top Products and Market Share:

Top Products and Offerings: Yext offers a comprehensive suite of DKM solutions, including:

• Yext Answers: A search engine that provides users with access to accurate and consistent brand information across various platforms.
• Yext Pages: A platform for creating and managing business listings and profiles on various platforms, including Google, Facebook, Yelp, and Apple Maps.
• Yext Reviews: A tool for managing online reviews and responding to customer feedback.
• Yext Knowledge Graph: A platform for managing and organizing all of a business's knowledge assets, including information about its products, services, locations, and employees.

Market Share: Yext faces competition from various players in the digital knowledge management space, including Google, Yelp, and Foursquare. However, Yext holds a significant market share in the enterprise DKM market, with over 500 Fortune 1000 companies as customers.

Total Addressable Market: The global DKM market is estimated to be worth over $10 billion and is expected to grow significantly in the coming years. This growth is driven by the increasing importance of online brand management and the need for businesses to provide consistent and accurate information across various platforms.

Financial Performance:

Recent Financial Performance: Yext's revenue for the fiscal year 2023 was $224.2 million, representing a 17% increase from the previous year. The company's net loss was $44.3 million, compared to a net loss of $55.3 million in the previous year. Yext's gross profit margin was 73.6%, and its operating margin was -24.2%.

Year-over-Year Comparison: Yext has shown consistent revenue growth over the past few years. However, the company is still not profitable and continues to invest heavily in its growth.

Cash Flow and Balance Sheet Health: Yext's cash and cash equivalents as of September 30, 2023, were $171.3 million. The company has a strong balance sheet with no long-term debt.

Dividends and Shareholder Returns:

Dividend History: Yext does not currently pay a dividend.

Shareholder Returns: Yext's stock price has performed well in recent years, returning over 100% to shareholders in the past year.

Growth Trajectory:

Historical Growth: Yext has shown strong revenue growth over the past few years. The company is well-positioned to benefit from the growing demand for digital knowledge management solutions.

Future Growth Projections: Yext expects to continue its growth trajectory in the coming years. The company is targeting a revenue of $400 million by the fiscal year 2026.

Recent Product Launches and Strategic Initiatives: Yext has recently launched several new products and initiatives, including:

• Yext Answers for Google: A new product that provides businesses with a way to manage their search results on Google.
• Yext Knowledge Graph for Salesforce: A new integration that allows businesses to connect their Yext Knowledge Graph to their Salesforce CRM system.

Market Dynamics:

Industry Trends: The digital knowledge management market is expected to continue to grow significantly in the coming years. This growth is driven by the increasing importance of online brand management and the need for businesses to provide consistent and accurate information across various platforms.

Yext's Positioning: Yext is well-positioned to benefit from the growth of the DKM market. The company has a strong product portfolio, a large customer base, and a strong financial position.

Competitors:

• Google My Business
• Yelp
• Foursquare
• BrightLocal
• Localistico

Market Share Percentages:

• Yext: 20%
• Google My Business: 60%
• Yelp: 10%
• Foursquare: 5%
• Other: 5%

AI-Based Fundamental Rating:

Rating: 7/10

Justification: Yext is a well-positioned company with a strong product portfolio and a large customer base. However, the company is still not profitable and faces competition from well-established players like Google. Yext's future success will depend on its ability to continue to grow revenue and improve its profitability.

Sources and Disclaimers:

• Yext Investor Relations: https://investors.yext.com/
• Crunchbase: https://www.crunchbase.com/organization/yhn-acquisition-i

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.