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Fiverr Is My Newest Pick

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    Originally posted by james.hendrickson View Post
    From SF Gate - they had a bad quarter.


    Source: SFGate.
    Their quarter was anything but bad. They beat revenue and EPS. Their guidance was soft (much like Amazon/Pintrest/Etsy) which all got immense negative reactions. All are claiming that there's a noticeable reduced screen time this upcoming quarter due to people being locked up for 18 months and now are free to go on vacations. Based on the conference call, the CFO/CEO are guiding on the side of caution, but fundamentally/organically growth is still intact. Growth for Q3 and Q4 will not be as strong as Q1 and Q2 of this year. I am pretty happy that their active users went from 2.6mil to 4 million YOY, and user expense increased as well.
    Last edited by Singuy; 08-05-2021, 10:24 AM.

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      Originally posted by Singuy View Post

      Their quarter was anything but bad. They beat revenue and EPS. Their guidance was soft (much like Amazon/Pintrest/Etsy) which all got immense negative reactions. All are claiming that there's a noticeable reduced screen time this upcoming quarter due to people being locked up for 18 months and now are free to go on vacations. Based on the conference call, the CFO/CEO are guiding on the side of caution, but fundamentally/organically growth is still intact. Growth for Q3 and Q4 will not be as strong as Q1 and Q2 of this year. I am pretty happy that their active users went from 2.6mil to 4 million YOY, and user expense increased as well.
      They took a loss of 37 cents a share. Isn't that usually a bad sign? I mean I get it that they're a growth stock, but they'll have to make money in the long run, otherwise, their shares will be worthless.
      james.c.hendrickson@gmail.com
      202.468.6043

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        Originally posted by james.hendrickson View Post

        They took a loss of 37 cents a share. Isn't that usually a bad sign? I mean I get it that they're a growth stock, but they'll have to make money in the long run, otherwise, their shares will be worthless.
        No Fiverr is profitable non gap at 19 cents. Most analysts don't look at Gaap profits as that factors in stock based compensation as an expense, which is just accounting and not a cash expense. Say you were rewarded 25 shares of fiverr as an employee this quarter, those 25 shares are considered as expense but is it really? So as long as non gap is positive, you are self sustaining.

        Most look at gross profit which fvrr is at 83%. Meaning if fiverr stops advertising and always constantly reinvesting their revenue into new programs, fiverr will make that much money on their revenue. So as a growth company their numbers are great. Uber wish they can be as profitable as fvrr just a few years after IPO.

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          Holy cwap batman showing 24% drop today... down $55 landing at $175. (still love their products so far, I've made a few orders through their artists!)

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            I still think Fvrr or any freelancing company is going to be the wave of the future. I think companies are going to look to shave labor costs and this is one of those ways. I'm in it for a long term bet. I will likely be buying more.
            LivingAlmostLarge Blog

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              Singuy has created a pool of FIVRR believers on this forum...LOL.
              james.c.hendrickson@gmail.com
              202.468.6043

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                Originally posted by james.hendrickson View Post
                Singuy has created a pool of FIVRR believers on this forum...LOL.
                Fiverr is not a religion. It has a real head quarter with a real product making real money. The only thing you have to ask yourself is if 4 million active users is a point of saturation in a world with 4.6 billion internet users.

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                  It seems a complete overreaction to nothing. When earnings come out, probably will drop more as some people take profits, and I suspect it is going to go up almost as fast as it came down. Netflix did the same thing for like 10-15 years before it was profitable. So... Fiverr in 20 years, hmmmm, I am hoping to get 1M out of it, but I don't have enough shares of it.

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                    Just found this guy, what can I say..when his top 5 holding is 1. Tesla, 2 Fiverr, and 4 AMD...I like the guy..lol.



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                      Where do you see TSLA, FVRR and AMD landing?
                      LivingAlmostLarge Blog

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                        Originally posted by LivingAlmostLarge View Post
                        Where do you see TSLA, FVRR and AMD landing?
                        The guy is pretty accurate in his prediction as I see similar upside potential.

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