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My reasons for continuing to hold

# Strong Revenue and Subscriber Growth (Solid Fundamentals):
Sustained High-Growth Model: Revenue growth reached 49% year-over-year, surpassing market expectations. This reflects strong demand for telehealth services and rapid business expansion.
Stable Subscriber Base: The number of subscribers reached 2.5 million, marking a 21% year-over-year increase, which underscores the stickiness of its subscription model.
# Enhanced Profitability:
Adjusted EBITDA showed substantial growth: Adjusted EBITDA increased by 53% year-over-year to $78 million, with the adjusted EBITDA margin remaining above 13%, indicating ongoing improvements in the core business's profitability as the company scales.
Strong cash flow: Operating cash flow surged 74% year-over-year to $149 million, reflecting robust financial health and demonstrating that the company has ample resources for operations and reinvestment.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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