$Virtu Financial (VIRT.US)$Revenue declined continuously for...

逍遥投资派 commented on a stock · Aug 19, 2023 11:32

$Virtu Financial(VIRT.US)$Revenue declined continuously for 2 years after reaching a high point in 2020. Operating profit reached 1.51 billion yuan in 2020, then fell continuously for 2 years to 690 million, and net profit fell from 1.12 billion to 470 million yuan.

In the first two quarters of 2023, revenue continued to decline by 13.7%, operating profit by 54.2%, and net profit by 60%.

Currently, the price-earnings ratio is 7.8, and the price-earnings ratio has increased to 13.5, so it is better to wait and see.

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逍遥投资派

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