Skip to main content

Posts

Showing posts with the label Yü Group

New to Yü

Yesterday I was doing some research into Eve Sleep and stumbled across Yü Group. Can you guess what first intrigued me about the company? We all like a momentum play, but I aspire to be a value investor. So I rolled up my sleeves and started reading about the company (that many seemed to know about already). Here are some key things that I found: Yü Group raised £11.6m in March '18 with a share placing  They ended the year with £9.7m more cash than Dec '17.  As such they burnt £1.9m of the new placing money. They have no debt They look on track to make £88m to £100m revenue in '19 on a single digit margin north of 7.3% Let's say this is 8% on £100m. That's £8m gross profit. Current marcap is £38.26m 8/38.26 = 20.9% gross profit to marcap at 237p In 2017 Yü Group made £6.818m Gross profit on £45.6m revenue. After costs and tax the profit for the year was £711,000 or 5p per share. In 2018 Yü Group made (£5,873) gross profit (i.e. loss...