Surprise: Roku's Cash Flow Is at an All-Time High. Here's What Investors Need to Know.

Could its cash flow soon soar even higher?Shareholders are probably tired of hearing it -- I'm a shareholder and I know I'm tired of it -- but it still needs to be said: Shares of connected-TV platform company Roku (ROKU -3.87%) are down almost 90% from highs reached back in 2021. The ride hasn't been fun in recent years and there are fundamental reasons the stock is down.One of Roku's biggest problems is its gross profit -- how much it makes after taking out the direct costs of its products and services. T ...