I can answer on behalf of the analyst regarding the 2026 vs 2025 question, things that everyone following the chain/company should know; in 2025, at least two quarters performed worse than anticipated due to system integrations. This problem will no longer exist on a similar scale in 2026, meaning there will be “weak comparison periods,” whereas this year faced very strong 2024 comparison periods. Secondly, the advertising market should be stronger in 2026 than in 2025, assuming nothing revolutionary (again) happens. US election years are stronger than non-election years.
+Known acquisitions made in 2025, unless that 29% was the analyst’s organic growth forecast. I wouldn’t believe in such strong organic growth, even though the company has historically been capable of it.