- Aug 2, 2022
I just did the numbers on this one, but I'm interested in this. More cash than debt, and they don't hold inventory long. It looks like it might be piling up a bit right now, but historically not the norm. They had a few years where they struggled to make money, but recently, they seemed to have turned things around. They've seen consistent revenue growth and have now started to turn a profit again. I'm more interested in this company than Jefferies, and retail is an industry I understand. What I want to look for with this is how they manage their inventory. If they're consistently holding high stock, they are not selling their product and increasing holding costs and incurring opportunity costs. Working an ever-growing inventory gets increasingly labor intensive and strains the workers. From my initial glance, though, they do an excellent job of managing their inventory even with the massive supply chain disruptions. They have also been paying down debts in recent years and taking advantage of their low tax burden. I think of GoPro when I think of wearable or mountable cameras, and I have even heard people refer to cameras like this as a GoPro. In my mind, this stock already checks many positive boxes.