GOTO 1Q24 Results: Reinvest Profit to Drive Growth
What’s New: GoTo reiterated its adjusted EBITDA breakeven guidance as the group could potentially reinvest any profit back to the business to drive growth in FY24. ODS and FinTech growth could also remain resilient as GoTo plans to double down investments on the successful initiatives within each segment. We maintain our PT at IDR65.Analysts:
Jin Yoon
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