We believe now is a good time to analyze Global Fashion Group SA (ETR: GFG) as it seems, the company may be on the verge of a huge accomplishment. Global Fashion Group SA operates e-commerce platforms for the fashion and lifestyle markets in Asia-Pacific, Latin America and the Commonwealth of Independent States. The company’s loss has recently widened since it reported a loss of $ 137 million in full year, compared to the last loss of $ 147 million year-over-year, pushing it further away from breakeven . Many investors are questioning the rate at which Global Fashion Group will make a profit, the big question being when will the company break even? In this article, we’ll discuss the company’s growth expectations and when analysts expect it to become profitable.
See our latest analysis for Global Fashion Group
According to the 6 industry analysts covering Global Fashion Group, the consensus is that the breakeven point is near. They predict that the company will experience a terminal loss in 2022, before generating positive profits of 26 million in 2023. The company is therefore expected to break even in about 2 years. How fast will the business need to grow each year to break even by 2023? Working backwards from analysts’ estimates, it turns out they expect the company to grow 65% year-on-year, on average, indicating high analyst confidence. If this rate turns out to be too aggressive, the business may become profitable much later than analysts expect.
We are not going to go through any company specific developments for Global Fashion Group as this is a high level summary, but keep in mind that a high expected growth rate is not is generally not unusual for a business that is currently being invested. period.
Before concluding, there is one aspect worth mentioning. The company has managed its capital prudently, with debt representing 2.0% of equity. This means that it has primarily funded its operations from equity and its low leverage reduces the risk of investing in the loss-making company.
This article is not intended to be a comprehensive analysis of Global Fashion Group, so if you want to understand the business on a deeper level, take a look at the Global Fashion Group business page on Simply Wall St. Us. have also compiled a list of relevant aspects that you should dig deeper into:
- Evaluation: What is Global Fashion Group worth today? Has the future growth potential been factored into the price yet? The intrinsic value infographic in our free research report helps visualize whether Global Fashion Group is currently being poorly valued by the market.
- Management team: An experienced management team at the helm increases our confidence in the company. Take a look at Global Fashion Groups board members and CEOs backgrounds.
- Other successful actions: Are there other stocks that offer better prospects with a proven track record? Check out our free list of these great stocks here.
When trading Global Fashion Group or any other investment, use the platform seen by many as the professional’s gateway to the world market, Interactive brokers. You get the lowest * trading in stocks, options, futures, currencies, bonds and funds worldwide from a single integrated account.
This Simply Wall St article is general in nature. It is not a recommendation to buy or sell any stock, and does not take into account your goals or your financial situation. We aim to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative information. Simply Wall St has no position in any of the stocks mentioned.
*Interactive Brokers ranked Least Expensive Broker by StockBrokers.com Annual Online Review 2020
Do you have comments on this article? Concerned about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]izWebsite: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]