Nice contribution 👌 what would interest me in this context or makes me wonder is the low KUV and in addition the price decline, which is already continuing somewhat. Keyword, VALUE TRAP. Unfortunately, there is probably not much figures yet. I could only find the negative EBITDA margin in a hurry. That's just lousy. But should this be a one-off, of course, it's still okay. Let's see what comes out on 24.5. I just see in Q1 that the equity is very low. Many years of losses are therefore no longer possible. Possibly this is also punished in the price of the last months. A lot of debt, little equity, little cash. But this is only an initial assumption. I can also be wrong, because this was just a quick guess. Perhaps many do not see the potential.
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@TheAccountant89 No, there really isn't much in the way of figures, which is why I have held back on typical KPIs. The main business at the moment is the fashion marketplace, and About You is probably primarily perceived as such. Under this premise and in the current market environment, I can understand the valuation. I could well imagine that Scayle is still flying under the radar here - or that I am simply completely wrong with my assessment. Profitability should be achieved in the next financial year, the losses are not excessively high in my view and the Otto Group stands behind About You. Accordingly, I am reasonably confident that the large share of debt capital will not break the company's neck.
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