$NUVEI (NVEI.US)$The stock price has fallen 18% since it was...
$NUVEI(NVEI.US$The stock price has fallen 18% since it was seriously excluded from the fall 2022 inventory due to a decline in revenue growth.
The Canadian company listed in 2021 is mainly engaged in payment business, in the global market. The current price is 26.81.
Revenue has been growing continuously for two years since listing. Revenue growth declined to 16.4% in 2022, operating profit shrank by 45.1% due to a sharp increase in management expenses, and net profit shrank by 42%.
In the first three quarters of 2023, revenue increased by 33.4%, operating profit increased by 21.2%, and net profit turned into a loss due to a sharp increase in interest expenses.
Currently, the price-earnings ratio is 68.7, and the price-earnings ratio TTM loss is still lacking in investment value.
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