Has anyone looked at $GRPN?
The stock has 41% short interest and 13 DTC (days to cover). They have around 60 million shares outstanding, which means a relatively low float. They also have about $262 million in cash and roughly $350 million in debt. That results in negative net cash of about $88 million.
From the outside it may look negative, but the fact that they still have that much cash to work with is actually quite positive. The debt consists of bonds that mature in 2030.
They have also stated that they plan to do a $260 million stock buyback once they believe market conditions are right.
Their Q4 earnings slightly disappointed Wall Street, but the 10% drop in premarket seems like a huge overreaction. This is likely because shorts are trying to push the stock down.
They reported $132 million in revenue in Q4 2025, compared to $130 million in Q4 2024. It’s not a huge increase, but it is moving in the right direction.
Now for the most interesting part:
They had net income of -$50 million in Q4 2024, whereas yesterday they reported net income of +$8 million. That is a significant positive development.
Several of their metrics are improving, but they simply missed Wall Street’s expectations.
They also announced that Amit Shah has joined the board of directors and that they have created a dedicated AI committee at the board level, which he will chair.
Autonomous agents are developing rapidly, and since GRPN is one of the first publicly traded consumer marketplaces to establish a board-level AI committee, they could benefit from this trend quite quickly.
A quick background on Amit Shah:
He has more than 20 years of experience leading digital transformation in commerce, platforms, and emerging technologies. He previously spent over 10 years at 1-800-Flowers. Looking at that company’s stock, not much has happened there, but considering the experience he gained from working at a company that generates over 100% more revenue annually than GRPN, it could be very beneficial for them.
I could write a much longer piece about their potential, but I’ll spare you the full novel.
Let’s see what they say on the earnings call at 1:00 PM CET. That should give us a better indication of where they are heading. 📈