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Stock impact report

ContextLogic Inc. (NASDAQ:LOGC): Is Breakeven Near? [Yahoo! Finance]

ContextLogic Inc. - Class A (LOGC) 
Last contextlogic inc. - class a earnings: 8/13 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
ContextLogic Inc. does not have significant operations. The US$175m market-cap company posted a loss in its most recent financial year of US$317m and a latest trailing-twelve-month loss of US$141m shrinking the gap between loss and breakeven. The most pressing concern for investors is ContextLogic's path to profitability – when will it breakeven? We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. Check out our latest analysis for ContextLogic According to some industry analysts covering ContextLogic, breakeven is near. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$3.9m in 2025. Therefore, the company is expected to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 107% y Show less Read more
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