🔻As per the last 10k Filing .
This is so bad and don't invest in the stock right now.
You will lose money!
One final way to make money is short it if it goes high. If it goes 10 -20% short it 1x Leverage, 50-100% short it 5x or 10x leverage.
Don't long on this one. Past 900 days this stock is pure red and financials are so bad and more over Antara capital who is famous for shorting is invested in this.
☢️🔻☢️⚠️
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We may not be able to generate sufficient revenue to generate positive cash flow on a sustained basis.We cannot assure you that we will generate sufficient revenue to offset the cost of maintaining our platform and operations. In line with the reduced unit sales contemplated by our Realignment Plan, our revenue has declined from $3,184.3 million for the year ended December 31, 2021 to $1,948.9 million. Our revenue growth also may be adversely affected by our inability to acquire and appropriately price vehicle inventory, provide the customer experience needed to attract customers or execute effective marketing campaigns to increase traffic to our platform. We expect our revenue to decline in the short term as we implement our long-term roadmap. You should not consider our historical revenue growth as indicative of our future performance. If our revenue declines our business, financial condition and results of operations will be materially and adversely affected.
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This is so bad and don't invest in the stock right now.
You will lose money!
One final way to make money is short it if it goes high. If it goes 10 -20% short it 1x Leverage, 50-100% short it 5x or 10x leverage.
Don't long on this one. Past 900 days this stock is pure red and financials are so bad and more over Antara capital who is famous for shorting is invested in this.
☢️🔻☢️⚠️
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We may not be able to generate sufficient revenue to generate positive cash flow on a sustained basis.We cannot assure you that we will generate sufficient revenue to offset the cost of maintaining our platform and operations. In line with the reduced unit sales contemplated by our Realignment Plan, our revenue has declined from $3,184.3 million for the year ended December 31, 2021 to $1,948.9 million. Our revenue growth also may be adversely affected by our inability to acquire and appropriately price vehicle inventory, provide the customer experience needed to attract customers or execute effective marketing campaigns to increase traffic to our platform. We expect our revenue to decline in the short term as we implement our long-term roadmap. You should not consider our historical revenue growth as indicative of our future performance. If our revenue declines our business, financial condition and results of operations will be materially and adversely affected.
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