GoPro, Inc.

An excerpt from my investment notes on $GPRO coming in the next few days -  subscribe (for free) if you want it direct to your inbox and thank you for the support.

_**GoPro has gone through a step change in terms of its business model. Historically the company was focussed on selling hardware products via retailers. This revenue was lower margin and one off in nature. Today the business has pivoted to a hardware plus subscription model. The business has also returned to growth, with TTM revenues growing in the last 4 quarters, along with ~18% FCF generation. GoPro is a stock that has lost trust with the market and today it trades at ~5x TTM free cash flow.**_

[https://thelonggameinvest.substack.com](https://thelonggameinvest.substack.com/)

Little tip for you, if you include the ticker in the body of the post, it will populate under the $GPRO asset page!

Won't do that if its in the title :)

Undefined

Professional investor on the buy side. This blog is a pseudo hedge fund, my investment research and general finance musings. Click to read The Long Game, by The Long Game Investor, a Substack publication with hundreds of subscribers.