Loop Video
Speed: 1.00x
High Definition
Standard Definition
Theater
Video id : GffBALE65IM
ImmersiveAmbientModecolor: #c4d5ed (color 1)
Video Format : 22 (720p) openh264 ( https://github.com/cisco/openh264) mp4a.40.2 | 44100Hz
Audio Format: Opus - Normalized audio
PokeTubeEncryptID: 8d712a52a5adc3598cbec3daab4c4e185040fa49b3553a3682a8c819c3497395a05e6a8dec6dbb85fcc461de1fb946a9
Proxy : eu-proxy.poketube.fun - refresh the page to change the proxy location
Date : 1719681863648 - unknown on Apple WebKit
Mystery text : R2ZmQkFMRTY1SU0gaSAgbG92ICB1IGV1LXByb3h5LnBva2V0dWJlLmZ1bg==
143 : true
ImmersiveAmbientModecolor: #c4d5ed (color 1)
Video Format : 22 (720p) openh264 ( https://github.com/cisco/openh264) mp4a.40.2 | 44100Hz
Audio Format: Opus - Normalized audio
PokeTubeEncryptID: 8d712a52a5adc3598cbec3daab4c4e185040fa49b3553a3682a8c819c3497395a05e6a8dec6dbb85fcc461de1fb946a9
Proxy : eu-proxy.poketube.fun - refresh the page to change the proxy location
Date : 1719681863648 - unknown on Apple WebKit
Mystery text : R2ZmQkFMRTY1SU0gaSAgbG92ICB1IGV1LXByb3h5LnBva2V0dWJlLmZ1bg==
143 : true
30 Views • Dec 15, 2022 • Click to toggle off description
For more investing ideas visit our website: www.overlookedalpha.com/
This is the latest earnings report for a coffee chain company called Reborn Coffee that IPOd earlier this year.
Now this is a tiny company. The market cap is only 15 million dollars. And they’ve only got nine locations. Though they do hope to expand to 20 by the end of next year.
Based on the latest report, Reborn made 2.4 million in revenues over the last 9 months from its stores.
But, after operating expenses they actually made a loss of 2.4 million. And stock based compensation was a decent chunk of that at 225 thousand.
The company still has over 4 million in cash but as confirmed by the company's auditor, there are substantial doubts about the company's ability to continue as a going concern.
And all this explains why the stock has dropped 85% since its IPO. Now I haven't tried their coffee but this is clearly a tiny company with a lot of risk.
And Reborn isn’t the only dubious company to hit the public market this year.
If you find this interesting, check out this article where we look at some of the newest stocks on the market.
#stocks #investing #shorts #overlookedalpha #finance #wallstreet #smallcapstocks
This is the latest earnings report for a coffee chain company called Reborn Coffee that IPOd earlier this year.
Now this is a tiny company. The market cap is only 15 million dollars. And they’ve only got nine locations. Though they do hope to expand to 20 by the end of next year.
Based on the latest report, Reborn made 2.4 million in revenues over the last 9 months from its stores.
But, after operating expenses they actually made a loss of 2.4 million. And stock based compensation was a decent chunk of that at 225 thousand.
The company still has over 4 million in cash but as confirmed by the company's auditor, there are substantial doubts about the company's ability to continue as a going concern.
And all this explains why the stock has dropped 85% since its IPO. Now I haven't tried their coffee but this is clearly a tiny company with a lot of risk.
And Reborn isn’t the only dubious company to hit the public market this year.
If you find this interesting, check out this article where we look at some of the newest stocks on the market.
#stocks #investing #shorts #overlookedalpha #finance #wallstreet #smallcapstocks
Metadata And Engagement
Views : 30
Genre: People & Blogs
Date of upload: Dec 15, 2022 ^^
Rating : 5 (0/2 LTDR)
100.00% of the users lieked the video!!
0.00% of the users dislieked the video!!
User score: 100.00- Overwhelmingly Positive
RYD date created : 2022-12-16T00:05:14.61309Z
See in json
Tags
23:04
Bloomberg ETF IQ 06/24/2024
Bloomberg Television
1.9K views
09:11
Are U.S. stocks overvalued?
BNN Bloomberg
2.5K views
Options got Moved to the icon :3
@UnipornFrumm
1 year ago
The ownders are dumping theyr shares on the public market
|