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It's crazy to me that a marketplace like this can be trading at 10x revenue w/ -50% net margins when a company like Blue Apron is trading at 0.2x revenue when t
by smallgovt 7y ago
It's crazy to me that a marketplace like this can be trading at 10x revenue w/ -50% net margins when a company like Blue Apron is trading at 0.2x revenue when they're turning the corner to profitability.
- ibarea277 7y agoIf you're not zero margin, you can't scale the same way.
- pmart123 7y agoWell, to be fair, while Blue Apron's gross margin is expanding, it's operating margin is still negative and it has ~20% negative LTM sales growth the last few quarters.
- rossdavidh 7y agoIt is, in fact, crazy, but that doesn't mean Blue Apron is the one whose result is out of whack with the fundamentals. Quite the opposite, in fact.