Thursday, February 04, 2021 12:41:48 AM
Great fundamentals, particularly in Q3 and the big jump there. Increasing interest from hedge funds up from 0 to 3 recently if I remember right although you may want to double check if it matters to you. They will certainly be in soon if they aren't already.
Price will go up soon ... this company has a huge profit margin. Despite still growing in a new industry, they're already GAAP net profitable, but are still using small amounts of debt to help it grow. They also have an increasing stockholders equity both year over year and quarter over quarter. A recent but finished capital raise has them well capitalized for the future. An offering was done due to the nature of the business in a developing AR toy market in connection with that raise which again is now over and was only just under ~$8M worth of stock.
The Nintendo Switch already uses the same Racer technology (not sure how its different or the same,) to offer a toy that you can buy in the store and then race around your house as if it was a track ... along with a downloadable Mario Cart Racer game. I don't think they are buying a similar tech from this company but I would not know. I do know it has potential and AR toys are certainly going to be a big part of the near future (now,) and this is a company with great fundamentals and a growing profitability without massively diluting investors that's gone down quite a bit since it recently had an IPO and it has a lot of future potential. You rarely find a company with these kind of fundamentals let alone at a price as cheap as this, especially considering its gone down since the IPO until very recently it started to reverse following very good news which proves the company will be growing significantly year over year- at least one would assume based on the current market.. let alone where it may grow to in the now.
Recent BHAT News
- Blue Hat Announces Financial Results for the Fiscal Year 2023, of which the Revenue Increased by 33 Times • GlobeNewswire Inc. • 04/30/2024 09:05:02 PM
- Blue Hat Interactive Entertainment Technology Announces Corporate Refocus into AI Financial Services • PR Newswire (US) • 03/19/2024 09:14:00 AM
- Blue Hat joins forces with GTC, a $10 billion brokerage firm • PR Newswire (US) • 03/11/2024 09:25:00 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/29/2024 05:15:28 AM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 01/19/2024 09:18:41 PM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 12/29/2023 09:07:02 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/22/2023 09:05:31 PM
- Blue Hat Announces Financial Results for the First Half of 2023, Highlighted by 5,657.93% Increase in Revenues to $46.30 million • GlobeNewswire Inc. • 12/22/2023 09:05:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/17/2023 02:00:10 PM
- BHAT Enters Gold Purchasing Agreement • PR Newswire (US) • 10/26/2023 06:00:00 PM
- Form F-3 - Registration statement by foreign private issuers • Edgar (US Regulatory) • 10/06/2023 08:05:52 PM
- Blue Hat Interactive Entertainment Technology, a Nasdaq listed company, announced the completion of an issuance of a total of $29.8 million US of ordinary shares • PR Newswire (US) • 08/17/2023 07:27:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2023 08:06:42 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/07/2023 08:05:25 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM