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Added to YB: 2024-03-06

Pitch date: 2024-03-05

SE [neutral]

Sea Limited

+118.45%

current return

Author Info

Company Info

Sea Limited, through its subsidiaries, operates as a consumer internet company in Southeast Asia, Latin America, the rest of Asia, and internationally.

Market Cap

$84.3B

Pitch Price

$57.23

Price Target

N/A

Dividend

N/A

EV/EBITDA

36.58

P/E

62.01

EV/Sales

3.74

Sector

Broadline Retail

Category

growth

Show full summary:
Sea: The Three-Headed Monster Awakens

$SE: Qtrly active users +8% YoY but paying ratio fell 9% to 7.5%. E-commerce rev +23% on higher fees/ads; GMV +29% YoY. Digital Fin Svcs rev +24%. Gross margin 42% vs 49% on mix shift. Heavy infra invest but still +$279M OCF in Q4. Guides high teens GMV growth & +ve EBITDA in H2.

Read full article (8 min)