2025 performance is abysmal, with 30.8% operating loss margin!
But $356M out of $469M operating loss came from a non-cash goodwill impairment charge (caused by lower growth and valuation expectations).
2026 Q1 adjusted EBITDA is up 23.4% year-over-year, operating loss improved from $20.3M to $3.6M. In the black by the end of 2026?
At least one insider, Bernardo Hees, just purchased $2.89M of stock, more than doubling his indirect ownership position.
The price is beaten down, trading at 0.4X sales.