If you read the details and understand the cash flow movement in...

If you read the details and understand the cash flow movement in a marketplace business model, you’ll know this is due to seasonality coming from a high sales of Q2 to paying suppliers at the beginning of Q3.

Most importantly, they are beating the sector with continuous growth and MYD was actually profitable in 2020 prior to the IPOI.

I think their strategy is clear in that they are investing for growth and still with $30m of cash in the bank.

Unless you are planning to sell next month, this is a minimum 1-2 year hold IMO. It’s good to see the market is responding positively to their Friday announcement today.