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Me, Inc.: Build an Army of One, Unleash Your Inner Rock God, Win in Life and Business

$26.99

Look closer. UA is spending gobs of money on marketing. While YOY revenues increased 28% and gross profit increased by almost $100 million, SG&A expenses increased $110 million. Net income came in at $6.3 million, but wait, it gets worse.

To that, I say, “Good luck.” But even if UA did manage to take away some market share, it wouldn’t create enough net income or cash flow to justify this insane valuation.

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