After missing earnings estimates by -8% in net income and by -1% in EBITDA
$BFIT (-1.02%) falls almost 23% in a single day
I am confident in the company in the long term, sooner or later it will show profits and grow like crazy.
Although it is highly indebted it has assets worth 66B and the company is listed at 1.25B the real equity after deducting liabilities is about 400M so if it is highly indebted but has a profitable business model and well established in major European countries (Spain, Germany, France, Netherlands).
If business goes well sooner or later they will end up showing good results and a more stable debt situation 💸🇳🇱
