Two great quotes from yesterday's interview with the CEO of $LMND+1.1% 👌

"The peak of losses is over."

a

"We had a 115% increase in revenue and only a 4% increase in operating expenses."

Buying?

LMND
$16.50 $0.18 +1.10%
Capital Structure
Market Cap
1.2B
Enterpr. Val.
882.5M
Valuation
P/E
-5.6
P/S
2.8

He says that, but what is the general market outlook and more importantly the one for the sector? Not a buy yet for me, not at least until the rest of the metrics look to be in place.

I don't know the company completely, but based on the results and outlook for the rest of the year, it doesn't look bad. However, since I have no insight and don't know the company very well, I don't know what to expect next or what the potential is going forward.

Being sure that the peak of losses is behind us seems a bit dangerous to me 😄

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