39% YoY growth is good.
They are doing something right.
The question that I have unanswered is, what might be their net margins. Are they spending a crazy amount to achieve such growth. Are they dishing freebies, like PayTM? They have good gross margins, but that is not enough information.
YoY 75% increase in employee expense and 33% increase in advertisements. That is forward looking expense, to fuel future growth.
Am not looking at EPS as long as it isnt negative, and the company isnt burning cash. That is where I draw the line for these new age stocks.
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