Upwork Inc. (UPWK) Social Stream
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$DTEA Proforma last week's settlement of CAD$18 million, DTEA's remaining cash is CAD$14 million ($11 million) and the debt is ZERO.thinkandpick, published June 16, 2021
Therefore, DTEA's Enterprise Value now is about $125 million, so profitable debt-free DTEA trades only 1.2 times its annual revenue of $100 million (CAD$123 million)!!!
The other e-commerce companies trade from 3 times to 20 times their revenue such as $MEDS $JMIA $UPWK $CHWY LSF, STMP, SFLY, PTON, CVNA, FTCH, SFIX, RVLV, FVRR, ETSY, POSH, CHWY, REAL, TDUP, BARK etc.
If DTEA traded in line with the other e-commerce companies, DTEA should trade well above $15 per share!!!
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Other Notable StockTweets About UPWK
$DTEA E-commerce stocks. If e-commerce company DAVIDsTEA (DTEA) traded in line with the other e-commerce retail companies that already trade from 3 times to 20 times their revenue (i.e. JMIA, FTCH, ETSY, SFIX, RVLV, CHWY, $FVRR $UPWK $REAL $TDUP PTON, CVNA, FLWS etc.), DTEA should trade above $10 per share!!!
Currently, DTEA trades only 1 times its annual revenue of about $100 million!!!
$UPWK Q2 ER will have updated Rev for 2021 of over 500 Million. But the profit will still b in the pennies per share. Having said that who cares as in 2022 we’ll b looking at 740 M and YES a profit. You have an opportunity to invest early till next year when this thing pops. I’ll b buying it up all the way. Who cares about market share if the whole industry swells w more and more customers. Limitless even with other companies coming in. They are the best in there industry by far.Pantless, published May 25, 2021
$UPWK - Looking to breakout. Trading above 9/21/200DEMA & 50% fib level. Technicals look to roll up. 1SD+ move today. F/shorted 4.41%. P/C 0.704 w/ bullish option sentiment w/ 76% of puts trading below 15 delta.
Pos: Upwork is the largest freelance marketplace
Valuation is cheaper than $FVRR
1Q21 beat across the board & raised - EPS beat by 175% [up 133.33% y/y]. Revs beat by 4.56% [up 36.55% y/y]
Gross Margins: 73% [up 1 percentage point y/y]
Issues upside guide for FY21
Avg analyst TP: $63.50
Virtual Investor Day on June 15, 2021
Intros Talent Scout - recruiting solution for pre-vetted talent - moving into staffing/contractors
Neg: No moat - competition
FD: Kicking the tires - low volume (lack of interest)