Added to YB: 2023-01-25
Pitch date: 2023-01-25
ROVR [bullish]
Rover Group, Inc.
+186.95%
current return
Author Info
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Company Info
Rover Group, Inc. operates an online marketplace for pet care worldwide. It connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, such as doggy daycare, dog walking, drop-in visits, grooming, and training.
Market Cap
$2.0B
Pitch Price
$3.83
Price Target
N/A
Dividend
N/A
EV/EBITDA
136.64
P/E
190.48
EV/Sales
8.22
Sector
Diversified Consumer Services
Category
growth
Rover
ROVR: Dominant pet services marketplace at <2.5x EV/rev. 40% growth, long runway - 90% of pet care still from family/friends. High gross margins (80%), operating leverage, declining marketing costs. Aiming for 30%+ EBITDA margins, mature marketplaces earn 50-70%. Cash neutral, path to high profitability. Risks: travel exposure, SBC dilution, service provider churn.
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