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Stock impact report

BingEx Limited (NASDAQ:FLX) Is About To Turn The Corner [Yahoo! Finance]

BingEx Limited - American Depositary Shares (FLX) 
Company Research Source: Yahoo! Finance
BingEx Limited, through its subsidiaries, engages in the provision of on-demand dedicated courier services under the FlashEx brand name in the People's Republic of China. With the latest financial year loss of CN¥260m and a trailing-twelve-month loss of CN¥210m, the US$215m market-cap company alleviated its loss by moving closer towards its target of breakeven. Many investors are wondering about the rate at which BingEx will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Expectations from some of the American Logistics analysts is that BingEx is on the verge of breakeven. They expect the company to post a final loss in Show less Read more
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