If you believe it can sustain high growth for the next decade, then it's a buy. However, I do not have sufficient confidence and need a margin of safety, so it sits on my watchlist.
I have used a few shelly 1 devices 5 years back. But quicky switched them out to zigbee devices. Easier to use and not reliant on wifi. Definitely not a moat company.
The power of this analysis isn't just seeing Shelly's 2019 revenue decline, but spotting those enthusiastic community reviews combined with the 5x jump in device sales that signaled massive potential. Classic reminder that the best growth signals often come from watching what customers do rather than just reading financial statements.
Read all of it but not sure if you're recommending to invest in this or not?
If you believe it can sustain high growth for the next decade, then it's a buy. However, I do not have sufficient confidence and need a margin of safety, so it sits on my watchlist.
I have used a few shelly 1 devices 5 years back. But quicky switched them out to zigbee devices. Easier to use and not reliant on wifi. Definitely not a moat company.
Thank you for the scuttlebutting!
great Kevin!
Thanks!
The power of this analysis isn't just seeing Shelly's 2019 revenue decline, but spotting those enthusiastic community reviews combined with the 5x jump in device sales that signaled massive potential. Classic reminder that the best growth signals often come from watching what customers do rather than just reading financial statements.