Strong Revenue Growth And 1P ExpansionConsistent high-teens to high-20s revenue growth driven by 1P product expansion demonstrates durable demand and scalable unit economics. Sustained top-line growth supports reinvestment in operations, expands supply chain scale, and strengthens bargaining power with suppliers and channels over the medium term.
Expanding Retail Footprint & Multi-category TractionA large and growing physical network plus rapid multi-category transaction gains create distribution advantages and higher customer access. Network density improves sourcing and resale efficiency, increases recurring transaction flows, and builds a durable competitive moat in device trade-in and refurbishment.
Conservative Leverage And Strong Equity BaseLow leverage and a healthy equity ratio give financial flexibility to fund store expansion, refurbishment capacity, or international entry without heavy refinancing. Strong equity cushions operational volatility and supports strategic capital allocation like repurchases or selective M&A.