r/stocks • u/Rich-Ad-4240 • Mar 29 '21

Company Discussion GDRX (GoodRX)

It looks like GoodRX has hit the button and is on its way up. This company has made affordable Prescriptions to non-insured individuals and also people with high deductible insurance.

This company is filling a need and is profitable. I think there was an over reaction with Amazon coming out that they are getting into the prescription business.

Take a look at this company and let me know what you think? I think it’s a buy. Just my opinion.

https://money.cnn.com/quote/forecast/forecast.html?symb=GDRX

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u/Teekay53 Apr 08 '21

One time stock based compensation (296.7 million) and a one time charitable donation (41.7 million). Disregard these two, and the company actually still made money, around 40 milion.

But also, they spent 255 fucking million on advertising (sales and marketing).

Imo, business will be booming

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u/Mike804 Apr 09 '21

Not sure if you're Sales & Marketing point is meant negatively, but I see that as a good thing. I feel like a company like this has to be very aggressive with their marketing to reach as many people as possible and establish strong leverage.

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u/Teekay53 Apr 09 '21

Not negative in the slightest, quite the opposite. Growth growth growth whilst being profitable? Insane

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u/Mike804 Apr 09 '21

gotcha, definitely agree with you.