Two great quotes from yesterday's interview with the CEO of $LMND 👌
"The peak of losses is over."
a
"We had a 115% increase in revenue and only a 4% increase in operating expenses."
Buying?
Two great quotes from yesterday's interview with the CEO of $LMND 👌
"The peak of losses is over."
a
"We had a 115% increase in revenue and only a 4% increase in operating expenses."
Buying?
He says that, but what is the general market outlook and more importantly the one for the sector? Not a buy yet for me, not at least until the rest of the metrics look to be in place.
I don't know the company completely, but based on the results and outlook for the rest of the year, it doesn't look bad. However, since I have no insight and don't know the company very well, I don't know what to expect next or what the potential is going forward.
Being sure that the peak of losses is behind us seems a bit dangerous to me 😄