$GPRO expects to end the year with $75M in cash and no debt. That amount of net cash exceeded its tariff driven fear low market cap in April by 25%. Here’s 5 reasons why I think it’s a buy👇 1) GoPro has a 2.4M subscriber high margin and increasingly sticky cloud storage business. This segement alome has $100M ARR with an expected return to growth next year. The retention metrics for subscribers keeps increasing and is now at an all time high, despite decreasing camera sales. 2) The company has already diversified production years ago in anticipation for a trade war. It’s also a US publicly traded company that has suffered immensly from IP infringing Chinese competition. Critical rulings in its favor are expected in as early as July. And the general mandate of this administration is to protect US companies. GoPro owns thousands of patents. It has monetized the drone patent portfolio recently. 3) The long awaited Max 2 camera is set to launch later this year. It’s the most heavily anticipated action camera launch in a long time for the company. It will sell well. Camera bloggers are anxious for it. GoPro still has the best rep and brand name in the action camera space despite the penny stock price. 4) GoPro has partnered with AGV for smart helmets. Leveraging the Forcite tech it acquired a couple years ago and levelling it up with its fully immersive video experience (versus today’s current dashcam quality video). Moto enthusiasts anecdotally appear to be excited for this. It’s a multi-billion dollar disruptive market opportunity, 5) The stockis priced for bankruptcy, but a return to growth has been confirmed multiple times in 2026. And with $75M plus an untapped $50M revolver and no debt to end the year after liquidating old inventory, it’s in no danger of bankruptcy. The CFO mentioned ar a conference recently that it will look to buy back shares early next year.