A relatively new contemporary furniture company that despite CV-19 lockdown saw favourable revenue with sales growth.
Itβs a growing business. Yes please freetrade team.
No debt on its balance sheet, which is quite unusual for a cash-burning loss-making, growth company, which usually has a high level of debt relative to its equity. This means that LOVE has been operating purely on its equity investment and has no debt burden. This aspect reduces the risk around investing in the loss-making company.
Looks a good opportunity if Love can turn a profit by 2022 or at least break even?
Like to here from others on Love.