Hi there. At this time, Lightspeed is not profitable. They did issue guidance for profitability on an adjusted EBITDA basis over the next few years. This is very much a high growth play. It has multi-bagger potential, but with that comes higher risk and more volatility, as you've probably noticed in 2022.
Both Mat and I hold Lightspeed with no intentions to sell. We believe in the long-term prospects of the company, its technology, and its growth. That report you read would have been after its most recent quarterly earnings. Our next report will be on its upcoming filing.
And, you are correct in the fact it is much riskier than our Foundational Stocks. Which is why we suggest members limit their allocations to companies like this. For me, I make sure that a high growth play like LSPD doesn't make up more than 1-2% of my overall portfolio. During the pandemic, I ended up selling it and rebalancing many times because of the runups its achieved at that time.