Stock price when the opinion was issued
Last week, they reported a beat on every line item, including 23% revenue growth YOY and total orders 91% YOY, with improved guidance. From the pandemic, people are used to using food delivery apps, given order frequency and customer retention, while digital penetration is growing including their monthly subscription.
He recently bought. It's risky. But they offer a convenience that will never go away. They have 67% market share and were profitable for the first time last quarter. The forward PE remains high, but they have 25-30% revenue growth. Have great cash flow and margins.