[shortstopguy12]

Fabulous run-down. Thank you for a well thought out response to my question

Originally Posted by GeechQuest

Does this company have anything proprietary? Seems like the barrier of entry is just funding, of which SCR doesn't have access to like the other giants in the space.

"Score Media & Gaming, Inc. engages in the development of mobile sports applications. The firm delivers live scores, news, stats, and betting information. Its products include theScore, theScore BET, and S esports. The company was founded on August 30, 2012 and is headquartered in Toronto, Canada."

^^^
What does this even mean? Tons of companies already do this, and obviously do it better than SCR.

Without digging into the financials too much, it's revenue was down 30% in 2020, when this sector exploded. Worst revenue in 5 years. Yikes.

This company had a 2.5B market cap in Jan/Feb. Looks like they lost $8M in 2020, and have made $7M in 5 years. That is insane to think a company that has turned a $7M profit in 5 years was worth over 2 B's.

It seems so disconnected from the reality of the business I could never park money here currently. I'd have to take a deep dive and figure out how this breaks through the sector they're in and start raking in money to even allow them to be worth $750M that the stock price states they're currently worth. They have had, and still have, so much growth already baked in how do I make money as an investor? Just hope for the exuberance to continue for decades? At the rate they make money, it would take over 500 years to have a profit = to the market cap. That's just nutty when there are so many other companies who are safer with more growth upside currently.