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While I like the product, the net income would worry me if I were to participate in the IPO. $280M net income in 2023 after they received $1B for the failed mer
by darth_avocado 1y ago
While I like the product, the net income would worry me if I were to participate in the IPO. $280M net income in 2023 after they received $1B for the failed merger and $730M net loss because of RSU/Stock Awards in 2024 is not great when the total revenue for the company was $500M in 2023 and $750M in 2024.
- echelon 1y agoThey're about to get upstaged by AI too. Not because they can't be leaders in the space, but because there won't be any moat.