RE:RE:PLTR vs DM EBITDACitron wrote: Hold on.....PLTR and DM used in the same sentance once again. EBITDA isn't the be all to end all metric either - look it up. How about using the balance sheet to compare DM and PLTR? PLTR has a total of about $3B in Cash & Equiv - which is considered one of the strongest balance sheets around. DM's is hurting and will need to be fueled soon. BTW, PLTR loves share based comp and I be DM will be taking on this approach really soon.
https://realmoney.thestreet.com/investing/palantir-is-in-a-very-elite-class-of-publicly-traded-firms-here-s-the-play-16129925
Citron, I couldn't agree more, on the issue of cherry picking a single metrix to compare two businesses, however you had done so with PLTR management ownership and now with the balance sheet...
As for PLTR's "...total of about $3B in Cash & Equiv...", of it's $42B mc, or roughly 7% of its mc, this would mean that DM with its mc of roughly $30M, should hold approx. $2.1M in Cash and Cash equivalent to meet PLTR's "
strong balance sheet". However, Q1 results indicate that DM "...continues to retain a substantial cash position of more than $5 million, alongside total assets worth $33,410,413..." (Source: https://stockhouse.com/news/press-releases/2023/05/30/datametrex-reports-q1-financial-results).
So, if PLTR holding $3B in cash and equivalent leads to a "strong balance sheet", a similar or greater superlative should be given to DM for its cash and equivalent status.
In order to truly compare both businesses it would be best to conduct a comparison of a broad set of matrices - something we should be able to do within 30 days from now.