/
Our Mission Our mission is to bring together the worlds of online e-commerce and offline physical retailers; widening consumer choice and rewarding loyalty, while sustaining and enhancing our earning potential. Our Company We have created an innovative online-to-offline ( O2O ) e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs, w…
$3.91
+$0.04 (+1.03%)
Price from 14 days ago
The business is unprofitable at the operating level (-945.35% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 89.4% YoY. Margins deteriorated 917.9pp alongside, both lines moving the wrong way.
ROIC dropped from -170.39% to -217.05%, capital efficiency is deteriorating. Negative free cash flow of -$9M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$4M
▼ -89.4% YoY
Net Income (TTM)
-$31M
▼ -254.9% YoY
Op. Margin
-869.55%
▼ -917.9pp YoY
ROIC
-190.20%
▼ -46.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$9M
▼ -100.8% YoY
Op. Cash Flow (TTM)
-$9M
▼ -101.2% YoY
Net Debt
-$3M
Net Cash Position
Cash & Equiv.
$3M
3Y CAGR: -69.2%
Continue Research