REDDIT
Reddit reports Free Cash Flow of $311 million versus $127 million. Strong
And average revenue per user of $5.23 up 44%. Still a fraction of Instagram - despite highly targetable specific discussion groups
DAUs up 17%. Led by international up 26%. Revenue overall up 69% to $609 million and net income nearly doubled to $204 million.
They are buying back A Lot of shares while they are growing this fast.
At under 20X 2027 RDDT is a great value in my opinion.