They are trying to highlight they are cashflow POSITIVE and EBITDA POSITIVE so you ignore their huge cash burn this finanical year.
I'm just happy they held cashflow positive and EBITDA positive, small growth in latam and mena. The moment this goes backwards before its actually profitable, then its trouble. If they can make it through this economic time like this, then should come good.
Note that Asia doesnt look good, but they say Zameen revenue grew 10% from May to June - I'd really like to see may to June last year to see if thats seasonal, or an actual turnaround in that economy.
FDV Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held
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