$NUVEI (NVEI.US)$It is a Canadian company listed at $123.14 ...

In the past 4 years, revenue increased from 150 million to 725 million, and operating profit also increased by double digits for 3 years, from 5.075 million to 148 million. Net profit was to reverse losses in 2021 after 3 years of losses.

Revenue increased by 21.5% and operating profit declined by 54.5% in the first three quarters of 2022, mainly due to a surge in management expenses. A common phenomenon in the year of listing, net profit fell 44.5% to 52.6 million, but this is very fictitious because of 20 million in the sale of securities.

The current price-earnings ratio is 45.7, and the price-earnings ratio is TTM 79.2. Assuming management does not increase management expenses, profit should be 150 million more, net profit for the first three quarters after tax should be 170 million, about 230 million for the full year, and the corresponding price-earnings ratio is 20 million.

However, considering that management expenses did not increase at all after listing and that the revenue growth rate also declined seriously, it is possible to wait until the annual report comes out before judging. The current data is unattractive.