Steeped in problems
Loob's 2025 numbers aren't pretty.
This one’s inspired by a conversation with an acquaintance, a good break from the politically-linked corporate coverage that’s dominated recent newsletters.
I’ve written about Loob before, the parent company behind Tealive and Bask Bear that made headlines last year as an IPO hopeful.
Back then, I covered the structural problems flagged in its prospectus back in January.
Its 2025 audited financials, however, point to more pain. This is an update — one I nearly missed.
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