💸🔥 Can ZEPP Health Be Saved?
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- čas přidán 28. 08. 2024
- Recently, ZEPP Health published its Q1 earnings report that showed disastrous numbers and furthermore has received a delisting notice from NYSE.
With ZEPP Health CFO Leon Deng, I discuss whether or not the company can be saved?
#ZEPP #Apple #Garmin
Thanks for the interview. I think it's great Leon is open to these questions, I share the same concerns as addressed in this interview.
Another thing that got me interested in this company is their in-house technology, a few years ago they made a big announcement on their proprietary chips developed for their wearables, sadly they never communicate about this anymore, so maybe that project was stopped.. (Huangshan-3 development was announced in 2021)
thank you for the session - the deteriorating EBiT is still a concern
If he is correct in his projection of 10% ebitda, wouldn't that lead to a 20-30M profit per year, close to a p/e of 1? Doesn't seem unlikely actually, and that is even at the low goal of 50M/quarter in sales... with such low fixed costs and those margins, this could become a beast. Remains to be seen, ofc, but it does look doable, in which case we are looking at 10x medium term.
Thank you for your work.
Hi Marcel, It would be interesting to ask next time why zepp employees aren't exercising their stock options. Maybe the option exercise price Is higher than market price? Special contact rules? I don't think CFO Is a liar, but this share count Is not clear to me, at least i never saw in other companies this large Number of shares available to be counted but never exercised (without a reason why). Do you have any idea about It?
@marcel?
The price is 50 Cent now, Marcel