SocialYoutube
Oct 9, 4:15 AM
$HIMS
Pretty sure Ro is not profitable on the 1-month and 3-month weight loss plans, and they are breakeven to low-single-digit profitable on the 6-month plan. Leaving only the 12-month plan, which makes any real profit for them.
That seems to be the goal. First to be America's distribution channel wins the prize. Don't think this is sustainable, unless their OpEx, CAC, clinical expenses and insurance department costs are materially lower than what I'm modeling.
We need a Ro interview like the good ole TechCrunch days. Where's a disgruntled employee when you need one?
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