Waitr is a relatively small food delivery company like DoorDash. Their niche is underserved rural communities in the South. It’s down quite a bit recently and I can’t see why. They actually just became profitable and have 2020 expected revenues of over 220m. While dash maybe pricey at 22x2b revenue, WTHR has a market cap of about 300m and $2.80 a share. Waitr is roughly 1.3t times rev and Dash is 22. It just seem too low. The market is usually right so what am I missing in my DD? Thanks
I agree with you. I think waitr just needs some more exposure. This should make a run towards $4 again from now until next earnings reports.
