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BARK - BARK: No Growth And Weak Profitability Keeps Me Away
June, 04 2024 06:44 AM
BARK Inc. Class A
2024-06-04 06:44:25 ET
Summary Shares have performed well this year as the company has shown improving margins and reduced cash burn. However, revenue has been declining and management sees no growth in the upcoming fiscal year. The company’s net cash represents more than a third of its market cap, and management has begun to return its cash through share repurchases.
Investment thesis For further details see:
BARK: No Growth And Weak Profitability Keeps Me Away
Stock Information
Company Name:
BARK Inc. Class A
Stock Symbol:
BARK
Market:
OTC
Website:
bark.co
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