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When Will Luckin Coffee Inc. (NASDAQ:LK) Become Profitable?

From: finance.yahoo.com

Luckin Coffee Inc.’s (NASDAQ:LK): Luckin Coffee Inc. engages in the retail sale of freshly brewed drinks, and pre-made food and beverage items in the People’s Republic of China. The company’s loss has recently broadened since it announced a -CN¥3.2b loss in the full financial year, compared to the latest trailing-twelve-month loss of -CN¥3.7b, moving it further away from breakeven. Many investors are wondering the rate at which LK will turn a profit, with the big question being “when will the company breakeven?” I’ve put together a brief outline of industry analyst expectations for LK, its year of breakeven and its implied growth rate.

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