... and reduced interest expenses following debt restructuring. Investors will pay particular attention to two factors: sales growth (how many cars Carvana sold in the quarter and what profit was made per unit) and updated projections for cash generation. Management previously emphasized a focus on profitability over market share pursuit – in Q1 2025, Carvana achieved operational profitability for the first time in a long while. If Q2 solidifies this success and the company indicates further favorable dynamics, CVNA shares (which have already increased severalfold from winter lows) may continue their rally. But risks are also present: the used car market ...

... continues to grow steadily (in Q1, it was 71.6 million, with expectation of ~74 million by the end of June) and average watch time increases, advertisers will be even more active on the platform. Moreover, investors will assess the competition: Amazon,... ... manufacturers continue to develop their ecosystems, making the retention of Roku's market share on smart TVs an important indicator. If management presents an optimistic forecast for Q3 (taking into account the seasonal increase in advertising budgets in the autumn) ...

... worth involving an independent specialist to evaluate the technology. Team. The people behind the project are a decisive factor in success. Study the biographies of the founders and key employees. Do they have experience in this field or in business management? Pay attention to their motivation and involvement: are they working on the startup full-time, how much time have they already devoted to the project. It is good if the competencies in the team complement each other (for example, a technical specialist + a marketer/product manager). A warning sign can be frequent changes in the team composition or conflicts ...

.... What are investments Simply put, investments are capital investments with the aim of receiving income or other benefits in the future. In other words, you purchase, for example, a security, a share in a business or real estate, expecting that over time its value will increase or it will begin to generate regular income. A person who makes such investments is called an investor. Such investing usually implies a more long-term and active financial management than simply accumulating money in an account. Unlike regular savings, investing is associated with risk: invested funds can not only bring profit, but also decrease in value. For example, buying an apartment for subsequent rent is an investment: ...

... investors. Typically, only 30-40% of investments prove successful, allowing for both the recovery of invested capital and a modest profit. Merely 10-20% of projects can deliver significant profits, while a third of investments fail entirely. Therefore, the manager's responsibility is to identify avenues for returns that can exceed investment amounts by 5-10 times to cover losses from unsuccessful investments. Returns are generally paid to investors once a year, calculated based on the duration of investments and the volume of profits received. It is advisable to invest in projects that are in the early sales ...