KVYO

Klaviyo

Building your investment thesis

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Analysis in progress

Pulling historical financials

Reading SEC filings

Analysing management commentary

Scanning recent news and research

Forming the core argument

Understanding how they make money

Analysing financial performance

Stress-testing the moat

Sizing up the leadership team

Evaluating the growth story

Crunching the multiples

Weighing up the evidence

Building the quality scorecard