AGAIN, what about the dozens of initiatives they’re investing in?... along with Snakes supporting three subsidiaries + corporate overhead?
Companies often lose money at this stage, pursuing the level of future growth that Snakes is investing in.
Proper DD is important... It takes $ to make MORE $$$
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Do you realize all of the segments they are investing in? They are not only expanding locations. They are hiring (200+ employees now), expanding warehouse space, entering new markets, acquiring companies with ALL cash, managing multiple subs, funding multiple high margin self published game titles, uplisting, growing revs by 8 figures over the past 3 Q's, etc, etc
Several major growth initiatives are coming to a head and this is the time to be entering/adding. The rate at which they are growing will not allow this market cap to stay this low imo. They are only trading 2-3X trailing revs and their biggest initiaves are about to kick in.