mCloud Technologies Corp (MCLD)

[HammerinHank2]

Can you guys be patient for 10 months?

By the end of the year, mcloud will have over $40 million in annual recurring revenue (AC over time at $10m per quarter).

That is assuming a slowdown in connections compared to Q4. Assuming we move just at the rate of Q2 and Q3 2020.

Now look at AI stock. A comparable business with $177 million in revenue.

They have a $13 Billion market cap. They are trading at 56x 2022 sales.

If we take half of that multiple and value mcloud at 28x the annual recurring revenue at the end of this year, the market cap is $1.1 Billion.