The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31190
Likes: 52763


Does it matter? With $4 million and revenue and nearly $7 billion


in market cap, the financials are obviously irrelevant. If an audit uncovered improperly recognized revenue and true revenue should have been reported as only $3 million, so what?

I'm a value investor, so I like earnings and cash flow, but I understand investing for growth and that earnings can take a back seat to revenue growth for a long time with early stage, high growth companies. But $4 million in revenue? That's embarrassing. It's trading at more than 1,500 times revenue. Just absurd. That makes some of the 2000 dot com bubble stocks look sane.

(In response to this post by 111Balz)

Posted: 04/01/2024 at 12:39PM



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Current Thread:
  And the SEC won't let him lie about valuations -- Shenhoo 04/01/2024 2:39PM
  A sad lot they are. ** -- ryno hoo 04/01/2024 2:50PM
  LMAO! Stick to whining about prices! ** -- Shenhoo 04/01/2024 12:55PM
  What's sad is caling out someone for -- BKhoo 04/01/2024 12:49PM
  You new here?!? ** -- ResistHoo 04/01/2024 12:18PM
  Sinking like a boat anchor (25%) right now** -- WaxHoo 04/01/2024 12:08PM

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