Feb. 23 at 5:44 PM
$CLOV
It is all about member costs. This was from the Seeking Alpha article a month ago.
“The key stat is how long it takes for new members to get profitable. Returning cohorts generate more than
$200 per member per month in contribution profit. With more than 90% of members sticking around, most of the current losses won’t last. They’ll flip as this big batch of 2025 members ages. After tracking retention for a couple years, management’s guidance is looking more believable. They say 2025 is the worst it’ll get for new member drag, with margins meaningfully improving in 2026.”
