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Wednesday, November 29, 2017 8:57:13 AM
Growth? They made $2,298 in the last 10q.
Actually, they didn't "make" anything. They lost money.
They had REVENUE of $2,298 over three months, or $766 a month.
How many of you make less than $766/month? That's just over $9k a year. Friendable may qualify for welfare and food stamps!
They lost $1,813,076 for the quarter.
As it relates to "growth", um, no.
Revenues declined from $5,915. Even at that revenue level, Friendable if it were a person would be below the poverty line.
And their net loss increased by 500k.
So, no growth. Revenues cut more than in half, but losing more money.
This is not a growth stock.
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