mazarax t1_jdyjdjv wrote on March 28, 2023 at 2:59 AM

Reply to comment by FinFree4Ever in What is going on with Unity stock by Artuhan

So, yahoo finance numbers are bogus, then?

FinFree4Ever t1_jdyk8cn wrote on March 28, 2023 at 3:06 AM

It’s all about different accounting standards. Their CFO is not lying.

Their acquisition of Iron Source is accretive, strengthens their balance sheet/cash flows and together with a recovery in advertising revenues, Unity will be extremely attractive in the coming years.

It’s a low risk, high reward play.

mazarax t1_jdyl5gn wrote on March 28, 2023 at 3:14 AM

Hmm… I am skeptical. I believe it when I see a profitable year with GAAP.

Could it be you have Stockholm syndrome, with $U being your largest holding?

FinFree4Ever t1_jdylkli wrote on March 28, 2023 at 3:18 AM

I only bought in, in the month of March 2023. It is undervalued, already non-gaap profitable and able to withstand any recession with broad macro winds in its favour.

Even if it recovers to 50% of its 2021 high, it is still a 3x from here.