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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (32823)	6/5/2020 12:21:32 PM
From: bruwin	Read Replies (1) \| Respond to of 34328

Ok, seeing as you asked ..... Here's PRPL's "numbers" based on their TTM assessment .... Good "Gross Margin", so CoGS well covered. SG&A high, leaving only 3.9% of Revenue left over at EBITDA. Debt Expense also on the high side chewing up 30% of the Revenue left over at EBITDA. Net Earnings, i.e. "Bottom Line", has only 1% of Revenue left over. It would be worse if PRPL had been paying their taxes closer to the corporate rate. I suspect that you're going to point out that you made two good trades on an uptick in their price, which has moved up recently. Although from your "Buy/Sell" layout you spent about $4070 and got back about $3430 so it looks like you're still about $600 in the red. With regard to PRPL's up move ..... ....... I'd say that very likely had to do with an improvement in PRPL's latest Quarterly Results as one can see in their Net Income improvement ..... Here one can see the Quarterly improvement in their EBT from a previous loss, as well as the improvement in the "Net Income to Company". Unfortunately that was somewhat nullified by a negative Earnings entry of "-11.2". If that hadn't been the case PRPL would have had a greater improvement in its final Bottom Line. As it is, they still made a profit compared to their loss the previous Quarter. Needless to say, the above Quarterly is not well represented in the TTM table above, which obviously takes the previous 3 Quarters into account. So if you had to ask me I'd say that what we have here is the "Market" looking at the recent improvement in PRPL's Financial Fundamentals and deciding to buy its shares on that basis .......