Groupon with (at least) 60m 2026 FCF at an operational enterprise value \~420m (backing out $200m SumUp stake) the fundamentals are investable right now.
Market think it’s dead. It’s not after cutting headcount. Website & app are very dated and their AI initiatives need guidance.
With a little help I think this is an amazing turnaround story in the making — it already a good one.