73690684
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$Rakuten Group (4755.JP)$'s shares experienced a surge on Monday morning following the company's report of narrowing losses in its mobile unit and assurances regarding its debt c...
Welcome to StockTalk: Daily, Insightfully, Rewardingly!
[Rewards awaiting]
8 points for all mooers who participated in the poll below.
88 points for mooers who share their insightful ideas by commenting down.
$Rakuten Group (4755.JP)$'s shares experienced a surge on Monday morning following the company's report of narrowing losses in its mobile unit and assurances regarding its debt c...
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73690684 : Profitable in the near future
And from the finance perspective, as mentioned before, well, recently our group and the business would become profitable in the near future and with that the actual cash flow would turn into positive and it’s evident that is the first thing and the sum of the first before starting a mobile business and we have been discounted. So, after Rakuten Mobile is actually undervalued, but we actually had the discount before that, so the equity market maybe miscommunication with the equity market, we are having a different way of thinking and also analysts and investors.
Rakuten Group, Inc. (RKUNY) Q1 2023 Earnings Call Transcript" data-render="ssr
73690684 : We will be able to achieve breaking even point of Rakuten Mobile as quickly as possible
As you can see, JPY23 billion to JPY25 billion per month is the world is what we can be able to achieve. This is feasible. So reducing the cost, at the same time, increasing the number of the subscription and ARPU, so we will be able to achieve breaking even point as quickly as possible.
Rakuten Group, Inc. (RKUNY) Q1 2023 Earnings Call Transcript" data-render="ssr