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  5. CRRX: this company has large market position but not profitable and while management talks about future things are not good. [CareRx Corporation]
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Q: this company has large market position but not profitable and while management talks about future things are not good. i am under water 50% and think i should move on . your thoughts
Asked by brian on August 22, 2024
5i Research Answer:

The stock is, at least, up 27% this year, but down 28% over five years. Its small size adds risk, and it is not cheap on valuation. The sector largely continues to struggle. Debt is fairly high at $86M, about 4X cash flow. It has lost money historically but is expected to see a profit this year. We would have no objections to moving on here.