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  "docSlug": "87c1ab1e2597",
  "documentTitle": "TaskUs, Inc. (TASK)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-01-20 00:00:00",
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  "pageNumber": 10,
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      "text": "If TASK traded closer to peer multiples at 2.5x – 3.4x and 13x – 14x 2022E sales and EBITDA, its share price would be 25% – 50% lower ($17.80 – $26.70 per share)",
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      "kind": "diagram",
      "text": "Multiple Signs of Problems Brewing; EBITDA Margins Falling, Guidance Is Widening Showing More Uncertainty; Overvalued Relative To Peers And Portfolio of Acquisitions",
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      "text": "Analysts are resoundingly bullish... TASK is trading on the expectation of 27% sales growth... TASK trades at a premium... If TASK traded closer to peer multiples...",
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      "kind": "list",
      "text": "Prior to its IPO, TASK paid a $50 million dividend... TASK is now talking about acquisitions... Content Security... revenue growth slowing... EBITDA margin is headed in the wrong direction... Ms. Kelly Tuminelli... appointed to the Board.",
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      "text": "share price: 25% - 50%",
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      "kind": "title",
      "text": "Spruce Point Estimates 25% - 50% ($18 - $27/sh) Downside Risk To TaskUs (TASK) Share Price",
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