And a 50% increase in revs over last year. Debt expense should continue to drop off and not be so much a factor but continued rev growth will be. Even with no rev growth, a couple 3 more quarters and they might be profitable IF they stop the toxic convertible floorless financing. Seems they have with no new such financing on the books last Q.
It's a wait and see lotto pick. No other way to explain it. The difference from most other .0001 lotto picks is this one has the revenues and growth to prove an effective business plan. Just gotta work off the debt it took to get them there.
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