ElvisMarner
2022-09-08

$Grab Holdings(GRAB)$Uber 58bil mcap doing 25.5bil revenue, 14.7bil cost of revenue, 10.8bil gross profit (TTM). x5.3 mcap/profit
GoTo 25bil mcap doing 283mil revenue, 195mil cost of revenue, 81mil gross profit (TTM). x308 mcap/profit
Grab 12bil mcap doing 687mil revenue, 1.1bil cost of revenue, -452mil gross profit (TTM).
The above numbers taken from Yahoo Financials. Grab Q2 earnings clearly isnt included since their losses in Q2 was over 500mil. Grab is basically burning money to create more revenue yet it is doing it inefficiently. As they are continuously using this strategy of burning money to gain revenue, investors are the one getting burned. If they stop burning money, their revenue will drop significantly. Look at the mcap over profit, it is ridiculously high compared to Uber. Both Grab and GoTo are 10 years too early to be at the current mcap.
Time to buy them go down!

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