WDH - Waterdrop Turns Profitability Corner But Needs To Reignite Revenue Growth

June, 22 2022 02:11 PM Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A)

Waterdrop went public in May 2021, raising around $360 million in gross proceeds in a U.S. IPO.
The firm operates online marketplaces for various types of insurances and medical crowdfunding in China.
WDH has suffered from a major change in the regulatory environment in China, as authorities have sought to concentrate and rationalize the industry.
Although it has made progress on profitability, its revenue has contracted.
I'm on Hold for WDH until it can demonstrate revenue growth while retaining profitability.

For further details see:

Company Name:	Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A)
Stock Symbol:	WDH
Market:	NYSE
Website:	ir.waterdrop-inc.com