The Case For BumbleBumble has a yearly gross profit of 693M. Last year they repurchased 310M worth of stock.
Bumble at 5.64/share means it's entire market cap would be 610M or 80M less than one year's worth of profit. I don't understand how anyone could sell BMBL this low.
So while I'm not in love with BMBL's revenue growth, it's pretty clear this stock is significantly undervalued. 5.35 would be my buy target on support.
I'm interested to hear anyone else's take.
Good luck!