$GPRO is Going Back to its IPO price

An update on my $GPRO thesis. A low-key monopoly, growing margins + annual recurring revenue (D2C shift + subs), reduced OPEX, pricing power, new management, awesome balance sheet and healthy cashflows. Also anomalously under priced, 300% upside from here IMO.

A low-key monopoly

Growing margins + annual recurring revenue

Growing margins

Reduced OPEX and Pricing Power

Witness thee leanness

New Management

Awesome Balance Sheet + Healthy Cashflows

Anomalously Underpriced

Investor, Technologist. Post opinions, not financial advice. Do your own research. Follow me at TW:alc2022

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