You got to consider the entire scenario. This is an export oriented company with 70% revenues coming from Europe and rest from US. Europe and US markets have been pretty weak over the last 1 year. Even in that scenario, Faze three has not shown any degrowth. Please check other companies which generate revenue from Europe. They would have shown significant degrowth because of soft market conditions. Moreover, Faze three has done major capex in the last 1 year and is expected to double its revenue from the current numbers in the next 3-4 years.
Note : This is not a recommendation to buy or sell the stock. Please do your own due diligence.
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