Tuesday, September 01, 2020 3:10:56 AM
We already knew $1.5M was the revenue target for Q3. This just confirms it. This will give them some real cash flow.
You can also see it in the short term 2-month loans they are doing now. Expecting to pay it back in 2 months time.
$6M revenue per annum. At 10x revenues gives us a 0.06 pps already. I think we can use 15x revenues with this growth rate and profit margins which means we are back to the old highs. The critical question is, what happens then. Then, you need the UK deal or another kicker.
What happens today? I think we will see 0.045 or a bit higher. Hopefully they give guidance in a press release but the chances are slim. Despite my efforts
You can also see it in the short term 2-month loans they are doing now. Expecting to pay it back in 2 months time.
$6M revenue per annum. At 10x revenues gives us a 0.06 pps already. I think we can use 15x revenues with this growth rate and profit margins which means we are back to the old highs. The critical question is, what happens then. Then, you need the UK deal or another kicker.
What happens today? I think we will see 0.045 or a bit higher. Hopefully they give guidance in a press release but the chances are slim. Despite my efforts
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