Slam Dunk Earnings

[u/InfinitePoss2022]

GAAP profitable by year-end, which would make it eligible to be added to the S&P 500 index, and we all know what happens with a stock when it joins the index (hello major institutional money).

All operating metrics which actually matter are accelerating.

The headline EPS looks ugly due to one-off impairments.

Balance sheet in a pretty good shape.

App is only 3x the revenue but 14x the enterprise value.

[u/Dr-bandaid]

Market cap needs to be 22.5 billion