$Driven Brands (DRVN.US)$It is a newly listed American compa...
$Driven Brands (DRVN.US)$It is a newly listed American company in 2021, with a high gross profit margin of more than 40%. Revenue and operating profit have increased rapidly, while net profit has been maintained at a very low level due to the interest burden, resulting in a net profit of only 10 million in 2021 due to the listing of 130 million of other expenses. If the listing expenses are excluded, the net profit is calculated at 140 million, and the price-to-earnings ratio is currently about 40, which is still at a very high level.
After listing, the company's long-term borrowing has not been reduced, the interest burden remains unchanged, and 2022Q2 has another 125 million capital asset impairment. The business does not seem to have changed much, and it is not very attractive at present.
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