Why Lemonade Is Destined for Greatness (LMND)
In this video I give my take on Lemonade's Q2, 2024 earnings.
FOLLOW ME ON TWITTER:
@PaperBagInvest
➡️ / paperbaginvest
JOIN MY PATREON:
➡️ / paperbaginvestor
0:00 Intro
1:29 Gross loss ratio
4:43 Net cash flow positive
6:09 Operating leverage
7:35 Investment income
8:14 Guidance/growth problem?
9:50 CAC efficiency problem?
12:28 Churn tangent
13:17 CAC efficiency problem? Broad ad campaign?
19:50 Summary of problems
20:12 Q4 should crush adjusted EBITDA
21:13 CHARTS! CHARTS! CHARTS!
31:07 What is PBI doing with the stock?
MY INVESTING STORY:
I am from a mechanical/manufacturing engineering background. began investing in 2009. Since then I've returned about a 30% CAGR (compound annual growth rate) with my investments. I hope to continue to meet or exceed this return over the next 10 years and help others do the same.
CHANNEL MISSION:
The mission of this channel is to uncover high conviction multiBAGger investments and share them with you.
MY INVESTING PHILOSOPHY:
Look at companies I can understand.
Do deep-dive research.
Look from many angles and perspectives.
Invest big in my deepest convictions.
And finally, stay unassuming
GET LEMONADE INSURANCE AND SUPPORT THE CHANNEL:
➡️🍋http://imp.i146998.net/c/3142991/8469...
----------------------------------------------------------------------------------------
[Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.]
