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DESCRIPTION OF BUSINESS General Established in Nevada in 2019, Alixo-Yolloo Corporation specializes in providing music-recognition services through its mobile application called 'Alixo.' The application allows users to identify music tracks based on short samples recorded via their device's microphone. A mobile application designed to help users identify music tracks based on short samples reco…
The business is unprofitable at the operating level (-60.01% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 75.5%, still solid. Margins contracted 32.6pp, which offsets some of the top-line progress.
ROIC dropped from -16.62% to -107.00%, capital efficiency is deteriorating. Operating margin contracted 32.6pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (FY)
$38K
▲ +75.5% YoY
Net Income (TTM)
-$26K
▼ -234.6% YoY
Op. Margin
-60.01%
▼ -32.6pp YoY
ROIC
-41.72%
▼ -90.4pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$8K
▲ +137.7% YoY
Net Debt
$0.00
Cash & Equiv.
$0.00
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