Today’s Stock: Fiverr International Ltd. (FVRR)Today’s Stock: Fiverr International Ltd. (FVRR)
Fiverr International Ltd. operates an online marketplace worldwide. The company’s platform enables sellers to sell their services and buyers to buy them. Its platform offers digital services, including logo design and blog post writing, video creation, website development, and social media marketing services.
My Thoughts 💭My Thoughts 💭
Before the pandemic Fiverr and Upwork were all the rage! It was supposed to be the next big thing before LLMs took over. Thus this stock was suggested by Motley Fool. As part of my experiment I have been buying shares the last 4 to 5 years.
At 18.9k sats per share ($88,100), and no dividend. One must ask will this growth stock grow faster than bitcoin? I don’t think so. AI is going to trample this business model as time goes on.
The company trades at a PE 27 which means investors are paying $27 to access $1 of earnings. This stock is pretty expensive with unrealistic growth prospects.
PE:PE:
Expected Growth:Expected Growth:
Revenues and expenses:Revenues and expenses:
Balance Sheet:Balance Sheet:
Dividend:Dividend:
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Bitcoin per share:Bitcoin per share:
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Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are decent. Revenues are growing but the cost of operations have exploded. The balance sheet is healthy but they are definitely using leverage to help the business.
With no dividend and a growth rate that doesn’t seem to be based in reality I don’t see much value in paying 18k sats for a share of this company. The business model will be cooked as time goes on and over the last few years I been DCA’ing I am down:
Here is what Simply has for shareholder returns:
The company seems to be operating okay but they are really struggling with costs. Plus most people aren’t really using freelancers for tasks as much as motley fool thought back in 2019-2020.
With bitcoin around and project to grow more than the inflated projected growth this company has an investor has no real reason to buy this company. They are stuck at this time. But I will continue to buy shares as part of my experiment.