💸🔥 Can ZEPP Health Be Saved?

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

[@Koeliebalie]

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)

[@johanwesthuyzen7422]

thank you for the session - the deteriorating EBiT is still a concern

[@danielsallberg2394]

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.

[@LetsLearnEconomic]

Thank you for your work.

[@emanuelel.3149]

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?

[@vusalaliyev5001]

The price is 50 Cent now, Marcel