RE:RE:Look at those horrible resultsTHANK YOU! someone who is actually providing some sort of substance to their post about performance.
I am using the numbers off their earnings, so i am not making it up.
The risk of dilution never goes away. Just because a few people like the results doesnt mean its sustainable. What happens post covid when people arent sitting in their houses glued to social media? There are too many risks in my mind with this company that i dont see addressed, but their revenue grows and that's what keeps everyone engaged and invested.
THe issue is that now everyone has to wait another 3 months for profitability. There MIGHT be a chance this happens, but it will depend on their expenses and how fast they grow.
Like i said many times before, without profitability, the shares will most likely slowly retreat after they get a boost today from insiders. if you're THAT much in love wiht the company, wait for it to drop to buy more.
TakeHighRoad wrote: Hey CanadianKia gross margins are not 2%, they are 400% higher that number, I'm pretty sure you've made an error there, that is only the case if you look at technical IFRS and don't see through the PPA associated with the initial IPO and amalgamation, thats why they publish adj gross profit as approved by their auditors. That is clearly set out in their PR and their MD&A.
Personally I think the results are pretty decent especially when you consider they are comparing to a period of time where lockdowns were more substantial and views were higher. These are patterns everyone is seeing in adtech.
IMHO if Plus revenues continue their positive trend (and it looks like they will as they are expanding solutions there and seeing improvements) I don't see why this company can't have a bright future