17LIVE Group Limited (SGX:LVR) Has Found A Path To Profitability

17LIVE Group Limited (SGX:LVR) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. 17LIVE Group Limited operates live streaming platform. The S$156m market-cap company posted a loss in its most recent financial year of US$3.3m and a latest trailing-twelve-month loss of US$9.8m leading to an even wider gap between loss and breakeven. The most pressing concern for investors is 17LIVE Group's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

According to some industry analysts covering 17LIVE Group, breakeven is near. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$5.5m in 2025. Therefore, the company is expected to breakeven roughly a year from now or less! How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 129% year-on-year, on average, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected.

We're not going to go through company-specific developments for 17LIVE Group given that this is a high-level summary, however, take into account that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

See our latest analysis for 17LIVE Group

Before we wrap up, there’s one aspect worth mentioning. The company has managed its capital prudently, with debt making up 0.8% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.

Next Steps:

There are too many aspects of 17LIVE Group to cover in one brief article, but the key fundamentals for the company can all be found in one place – 17LIVE Group's company page on Simply Wall St. We've also compiled a list of key factors you should further research:

1. Valuation: What is 17LIVE Group worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether 17LIVE Group is currently mispriced by the market.
2. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on 17LIVE Group’s board and the CEO’s background.
3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.