Added to YB: 2022-03-20
Pitch date: 2022-03-20
POSH [bullish]
Poshmark, Inc.
+40.94%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Poshmark, Inc. operates as a social marketplace for new and secondhand style products in the United States, Canada, India, and Australia.
Market Cap
$1.4B
Pitch Price
$12.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.30
P/E
-18.48
EV/Sales
2.38
Sector
Specialty Retail
Category
N/A
$POSH - Investing in Poshmark
POSH: Leading apparel resale marketplace. $1.7B GMV, 7.3M buyers, 5M sellers. 20% take-rate, 83% GM. Structural winner vs consignment & generalists. Re-acceleration expected post-IDFA challenges. Int'l expansion (CAN, AUS, IND) to boost growth. Trades 1.6x 2022 EV/S, 40% mkt cap in cash. $30-40 fair value. Risks: competition, weak consumer demand, privacy changes.
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