High Gross And Net MarginsSustained high gross margin indicates a scalable marketplace model with low direct costs to each transaction, enabling durable profitability. Combined with a positive net margin, this supports reinvestment in product, marketing, and platform improvements without immediate reliance on external funding.
Marketplace + Fintech EcosystemOwning both a C2C marketplace and an integrated payments service creates cross-selling and retention advantages. Structural synergies (payments, identity verification, shipping) deepen user stickiness, increase lifetime value, and diversify monetization beyond pure listing/commission economics over the medium term.
Strong Return On Equity And Operating EfficiencyA high ROE signals efficient capital deployment and the ability to generate attractive returns from existing equity. When paired with solid EBIT/EBITDA margins, it suggests management can scale revenue without proportionate capital increases, supporting sustainable profitability and potential internal funding for growth.