bearish
Horizon Robotics Pre-IPO - The Negatives - Large Part of the Growth Stems from Its JV
703 Views24 Apr 2024 09:36
Horizon Robotics is looking to raise US$500m in its upcoming Hong Kong IPO. In this note, we talk about the not-so-positive aspects of the deal.
What is covered in the Full Insight:
- Non Profitability & Pressure on Margins
- Growth and Tepid ex-JV revenue
- Fluctuation in Top Customer Contribution
- Pre-IPO Investors Overhang
- Undefined Framework for Future Products
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Pony AI Pre-IPO - The Positives - Scaling up Robotaxi & Robotrucks23 Oct 2024
- Horizon Robotics IPO - Peers Are Down a Lot, Its Valuation Isn’t17 Oct 2024
- Horizon Robotics Pre-IPO - PHIP Updates - More of the Same, Lots to Watch Out For15 Oct 2024
- Horizon Robotics Pre-IPO - The Positives - Rapid Revenue Growth23 Apr 2024
- Horizon Robotics Pre-IPO Tearsheet03 Apr 2024
- Robosense Technology Pre-IPO - The Negatives - Not a Whole Lot of Earnings26 Jul 2023
x