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LIFW

Rickd said:
Whew doesn't do the bleak report justice. Total revenue of $7.7 million?? For FY 2023. Long way from Billions. Operating loss of $559 million, adjusted to $82.5 million by taking out non cash claims amortization. Total shares outstanding a minuscule 8.9 million shares. There is "0" operational basis for the company.
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Trying to be nice somewhat.. very bleak..
 
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Rickd said:
Whew doesn't do the bleak report justice. Total revenue of $7.7 million?? For FY 2023. Long way from Billions. Operating loss of $559 million, adjusted to $82.5 million by taking out non cash claims amortization. Total shares outstanding a minuscule 8.9 million shares. There is "0" operational basis for the company.
Click to expand...

Crypto Bitcoin GIF by ProBit Global
 
Rickd said:
Whew doesn't do the bleak report justice. Total revenue of $7.7 million?? For FY 2023. Long way from Billions. Operating loss of $559 million, adjusted to $82.5 million by taking out non cash claims amortization. Total shares outstanding a minuscule 8.9 million shares. There is "0" operational basis for the company.
Click to expand...

It's such an odd business model. LIFW basically litigation financing, except instead of getting 30-40% ROI and being able to pick the cases you think are winners you get pennies, even if LIFW wins a huge settlement and have to blindly let LIFW pick the cases.
 
lol stop buying this stock. it will always go lower until by mathematical law it can't go any lower
 
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Category69 said:
Yep, a couple of years ago we had LifeWallet Stadium at Tropical Park penciled in. If it weren't for them we'd have to see if the Cannon Smith FedEx connection could be brought back to life.
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Remember the good old days when people would argue that little things like public objection wouldn't be an obstacle?

Well, at least we have the future stadium once we tear down Coral Gables High, or so I was told.
 
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Rickd said:
Whew doesn't do the bleak report justice. Total revenue of $7.7 million?? For FY 2023. Long way from Billions. Operating loss of $559 million, adjusted to $82.5 million by taking out non cash claims amortization. Total shares outstanding a minuscule 8.9 million shares. There is "0" operational basis for the company.
Click to expand...


Double the revenue of Trump Media...

👀



Run Away GIF
 
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Tony4Canes said:
finance.yahoo.com

LifeWallet Announces First Quarter 2024 Financial Results

CORAL GABLES, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced financial results for the quarter ended...
finance.yahoo.com finance.yahoo.com
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4m to 6m in revenue increase is 50%. Still miles from what was expected but if they continue growing at 50% clip per Qrt then maybe there is a sliver of hope for LIFW.
 
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