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Thinkific Labs Inc T.THNC

Alternate Symbol(s):  THNCF

Thinkific Labs Inc. is a Canada-based company that offers a software platform that enables entrepreneurs to create, market, sell, and deliver their own online courses. The Company operates primarily in one segment, which being the development, marketing and support management of the Company’s cloud-based platform. Its platform gives businesses everything they need to build, market, and sell online courses and other learning products, and to run their business seamlessly under their own brand, on their own site. Its platform provides its customers with the functionality needed to launch, grow, and diversify their businesses by creating, marketing, and selling learning products comprised of customized courses, communities, membership sites, digital products and other experiences that its customers can create, sell and deliver using its platform. Its customers identify as creators, entrepreneurs, business owners, consultants, authors, speakers, social media influencers, and others.


TSX:THNC - Post by User

Comment by b919191on Nov 09, 2022 9:20pm
98 Views
Post# 35087188

RE:additional

RE:additional
not exactly, sorry again to jump in here, but

they 'used' $5.6mn (the lowest burn in 4 quarters)

they 'lost' $4.3mn due to FX fluctuations, I suppose they keep at least some of their cash in CAD, which would explain that drop

I think you add the two to get to your $9.7mn used up

I don't think anyone will assume that they will keep losing that $4.3mn each quarter for perpetuity, but feel free to do so... keep in mind that there is a world where the CAD$ appreciates (or simply stays flat) against the USD$, it has happened in the past :)


but look, the shorts have not materially covered anything up to Oct-31, and I suppose they are betting that this is a zero, it possibly could get there, but it's going to take a while during which, some may lose patience and choose to cover (Assuming the business itself doesn't surprise to the upside)

I like the risk/reward notably when you add the fact that the CEO owns a s%^%-load of stock and that he is humble enough to pay himself a pittance, typically not characteristics seen in a highly-shorted stock (especially not when it's trading at net cash)... also considering the size of this business, the aggregate amounts to be earned by the shorts - assuming it is a zero - is like CAD$3mn... that is a pittance that tells me the shorts are most likely retail investors. Now some of these retail investors may know what they are doing, but some may not fully grasp that a total short position of 1.7+mn shares on a stock that trades ca. 35k per day is an extreme outlier... and it's like a blanket doused in gasoline hanging next to a chain smoker...
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