$InMode (INMD.US)$🎯 On 2024.4.9, the current price is 18.16...

New data: In Q4 of 2023, revenue contracted by 5.1%, and operating profit shrank by 14.5% due to the increased proportion of expenses. Net income increased significantly by 46% due to fluctuations in income tax.

Revenue in 2023 increased by 8.3%, operating profit shrank by 1.1%, and net income increased by 22.5%. The average net profit growth rate in the 4 years since listing in 2019 is 34%, but the growth rate has slowed down significantly in the past two years, with an average growth rate of 9.5%.

The asset-liability ratio has decreased from 13.9% to 8.8%, and cash has increased significantly, with no interest-bearing liabilities.

The current PE ratio is 7.9, which is very low in valuation. Despite a quarter of revenue contraction, it is still possible to choose cautiously (⭐️).