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Wednesday, June 02, 2021 9:02:41 AM
If this trends in the right direction it will trade at a multiple of earnings.
Let's not confuse the accounting metrics! "Revenue" is NOT "earnings", thus multiples of revenue means little to nothing to investors! Using revenue as a variable, does not yield the claimed P/E improvement!
FYI, as pointed out in an earlier post, the P/E will trend worse as more newly printed SPRV shares are dumped into market. By definition this MUST happen for the business to expand. It's called "DILUTION" and it continues to happen big-time here at SPRV!
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