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home / news releases / bark no growth and weak profitability keeps me away


BARK - BARK: No Growth And Weak Profitability Keeps Me Away

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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