Another AssessmentRevenue of $51M was 12% better than estimates; EPS of 3.5c was better than the loss of 11c expected. Revenue rose 84%. In the short term, vairable loan rates and higher costs are going to impact profitability, and this may hold back investor interest. The stock is down 33% this year, but is on the cheap side of valuation at 14X earnings. The company recently went public and has only paid two dividends. We do not know how cash flow will fare during a recession, so would approach the dividend with caution. Not 'concerned' but we just do not have the historical data yet for full confidence. Cash flow was negative last year but with the IPO there were many one-time expenses.
So said the team at 5iResearch. GLTA