17LIVE Group Limited (SGX:LVR) Is About To Turn The Corner

Simply Wall St.09-26

17LIVE Group Limited (SGX:LVR) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. 17LIVE Group Limited operates live streaming platform. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470448202?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Ff24jEG6fJ_mnhJ0xYBRaA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/fbcb1fb47846c704491b7cdca16e4528","is_english":true,"pubTime":"2024-09-26 08:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470448202","market":"us","top_or_hot":-1,"title":"17LIVE Group Limited (SGX:LVR) Is About To Turn The Corner","media":"Simply Wall St.","content":"<div>\n<p>17LIVE Group Limited (SGX:LVR) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. 17LIVE Group Limited operates live streaming platform. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/17live-group-limited-sgx-lvr-004040560.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>17LIVE Group Limited (SGX:LVR) Is About To Turn The Corner</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n17LIVE Group Limited (SGX:LVR) Is About To Turn The Corner\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-26 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/17live-group-limited-sgx-lvr-004040560.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>17LIVE Group Limited (SGX:LVR) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. 17LIVE Group Limited operates live streaming platform. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/17live-group-limited-sgx-lvr-004040560.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LVR.SI","symbol_name":"17LIVE GROUP","start_time":0,"source_url":"https://finance.yahoo.com/news/17live-group-limited-sgx-lvr-004040560.html","article_id":"2470448202","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Ff24jEG6fJ_mnhJ0xYBRaA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/fbcb1fb47846c704491b7cdca16e4528"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/17live-group-limited-sgx-lvr-004040560.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2470448202","pubTimestamp":1727311240,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"17LIVE Group Limited  is possibly approaching a major achievement in its business, so we would like to shine some light on the company. 17LIVE Group Limited operates live streaming platform. The S$213m market-cap company’s loss lessened since it announced a US$248m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$128m, as it approaches breakeven. As path to profitability is the topic on 17LIVE Group's investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts’ expectations for the company.Expectations from some of the Singaporean Entertainment analysts is that 17LIVE Group is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$9.5m in 2024. So, the company is predicted to breakeven approximately a year from now or less!Underlying developments driving 17LIVE Group's growth isn’t the focus of this broad overvi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LVR.SI":"17LIVE GROUP","BK6030":"电影和娱乐"},"translate_title":"17LIVE Group Limited（新交所：LVR）即将迎来转机","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LVR.SI":0.9},"content_text":"17LIVE Group Limited (SGX:LVR) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. 17LIVE Group Limited operates live streaming platform. The S$213m market-cap company’s loss lessened since it announced a US$248m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$128m, as it approaches breakeven. As path to profitability is the topic on 17LIVE Group's investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts’ expectations for the company. \n View our latest analysis for 17LIVE Group \n Expectations from some of the Singaporean Entertainment analysts is that 17LIVE Group is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$9.5m in 2024. So, the company is predicted to breakeven approximately a year from now or less! We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 months. It turns out an average annual growth rate of 161% is expected, which is extremely buoyant. Should the business grow at a slower rate, it will become profitable at a later date than expected. \n\n\n\n  SGX:LVR Earnings Per Share Growth September 26th 2024\n \n\n Underlying developments driving 17LIVE Group's growth isn’t the focus of this broad overview, however, bear in mind that generally a high growth rate is not out of the ordinary, particularly when a company is in a period of investment. \n Before we wrap up, there’s one aspect worth mentioning. 17LIVE Group currently has no debt on its balance sheet, which is rare for a loss-making growth company, which usually has a high level of debt relative to its equity. The company currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment. \nNext Steps:\n There are key fundamentals of 17LIVE Group which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at 17LIVE Group, take a look at 17LIVE Group's company page on Simply Wall St. We've also compiled a list of essential aspects you should look at: \n\nHistorical Track Record: What has 17LIVE Group's performance been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.\nManagement Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on 17LIVE Group's board and the CEO’s background.\nOther High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.\n\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470448202"}