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Here's Why Sea Limited Is Suddenly Serious About Cash Flow

TheMotleyFool

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Here's Why Sea Limited Is Suddenly Serious About Cash Flow: https://g.foolcdn.com/editorial/images/701068/business-person-sits-alone-in-a-dark-room.jpg

E-commerce, payments, and gaming company Sea Limited (NYSE: SE) is turning away from revenue growth and toward cash flow at all costs.

Investors grew accustomed to mind-numbing growth figures from Sea Limited. Consider that in 2017, the company generated revenue of $414 million. In 2021, it generated revenue of nearly $10 billion -- up 24 times in just four years. And revenue through the first half of 2022 is up another impressive 44% year over year.

According to Bloomberg, Sea Limited just sent a memo to employees, saying that its top goal is to become cash-flow positive as quickly as possible. And as we'll see, it's pulling out all the stops to accomplish this. Here's what investors need to know.

Source Fool.com

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