Toast Is Displaying Impressive Growth as It Increases Addressable Market
TOSTToast(TOST) Gurufocus·2024-07-24 21:00

Toast Inc. (TOST, Financial) is a 13billionmarketcappaymentsolutionscompanythatistailoredtowardrestaurantsofanysize,withthevastmajorityofitspresencecomingfromtheUnitedStates.Withmorethanabilliondollarsinannualrevenue,ToastalsoofferssoftwaresolutionstotheserestaurantsandcapitalfinancingviaToastCapital,whereclientscanobtainloansdirectlyandhaveaccumulatedapproximately13 billion market cap payment solutions company that is tailored toward restaurants of any size, with the vast majority of its presence coming from the United States. With more than a billion dollars in annual revenue, Toast also offers software solutions to these restaurants and capital financing via Toast Capital, where clients can obtain loans directly and have accumulated approximately 1 billion in loan originations. This is done at a lower credit risk as Toast Capita ...