![]() ![]() And they are significantly cheaper than Carvana. Their losses aren't growing as fast as their revenue which means that they're proving they can scale and can turn profitable. In conclusion: They're obviously growing. ($100M less than THEIR ENTIRE MARKET CAP) this is up 360% YOY So their cash and cash equivalents makes up 45% of their entire market cap.) Net Loss: $37.4M, up 60% YOY (Note that it hasn't grown as much as their revenue or profit, meaning that they're proving they can scale.)Ĭash and Cash Equivalents: $248M (Let me remind you again that their Market Cap is $540M. Open up the image or something if it's too hard to see or just go on the website. Carvana has a market cap of $50B, so they brought in 7%.Ĭomparison of $SFT and $CVNA via. ![]() Shifts market cap is $540M, so in a single quarter, they brought in 33% of their total market cap. However, this number alone means nothing. Shift reported $180M in revenue, Carvana reported $3.5B. SFT reported -0.33 eps, Carvana -0.38 eps. Comparing both companies Q3 results show the same thing, SFT is the better deal every time. In fact, $SFT has Carvana beat in essentially every category. P/B (price to book): 3.14 (Carvana's is 66.25, again a smaller number is better so Carvana would be considered significantly more expensive.) Essentially Carvana is more expensive when using the metric.) A smaller p/s ratio is considered better since you're paying less in relation to their revenue. P/S (Price to sales): 1.37 (Compared to Carvanas 4.64. Think like a younger, more fun brother to Carvana. Shift Technologies is an ecommerce business that focuses on buying and selling used vehicles. But for those of you who are looking for a fresh play, I highly recommend you read it through. This post is going to be long, dry and honestly really boring (that's what she said). Part 1: Intro, Fundamentals, and Carvana, part 2: technicals, part 3: short squeeze potential (I know this is super annoying at this point, and this play can do well on it's own without the short squeeze but trust me just look at the numbers, it might make sense.) part 4: risks, and part 5: TL:DR. Prior results do not guarantee a similar outcome.I've got a play that I think might actually go somewhere. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.įollow us for updates on LinkedIn:, on Twitter: or on Facebook. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. In 2019 alone the firm secured over $438 million for investors. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. ![]() Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Many of these firms do not actually litigate securities class actions. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. WHAT IS THIS ABOUT: Rosen Law Firm is investigating potential civil securities claims. toll-free at 86 or email or for information on the class action. WHAT TO DO NEXT: To join the prospective class action, go to or call Phillip Kim, Esq. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. SO WHAT: If you purchased Shift Technologies securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. (NASDAQ: SFT) resulting from allegations that Shift Technologies may have issued materially misleading business information to the investing public. NEW YORK-( BUSINESS WIRE)- WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Shift Technologies, Inc. ![]()
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