1stdibs: May Be A Good Bet On Market Recovery

Tony Investing
186 Followers

Summary

  • The company's revenue decreased by 14.9% YoY, while operating loss (% of revenue) reached 49.9%.
  • Company's initiatives to cut operating costs could support profitability in the coming quarters.
  • The normalization of consumer spending in the future can contribute to both an increase in business growth rates and a significant increase in operating margins due to economies of scale.
Современный интерьер гостиной - 3d рендер

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Introduction

Shares of 1stDibs (NASDAQ:DIBS) have fallen 18% YTD. Despite the fact that the company continues to show operating losses, I believe that the purchase of the company's shares provides investors with a good opportunity to bet on the recovery of trade

This article was written by

186 Followers
Blog of long-term investor. I prefer to use fundamental analysis to look for investment ideas. Besides, i like emerging markets and new technologies. Nowadays my focus is: consumer, TMT and EV.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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