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Replies to #1 on View Inc (VIEWQ)

fr8

03/21/21 8:19 PM

#2 RE: BornAgain #1

From March 15, 2021 report:

- Full year revenue increased 32.8% year-over-year to $32.3 million in spite of the impacts of the pandemic
- GAAP loss from operations improved 16.1% year-over-year; adjusted EBITDA improved 27.7% year-over-year
- Completed the announced transaction, raising gross proceeds of $815.2 million resulting in $518.3 million of cash on the balance sheet at transaction close, after retiring existing debt
- Recent customer announcements include Uber, Dallas Forth Worth International Airport, Tavistock Development Company, Oxford Property Group, Google, Nuveen, and others (see below for more details)

I agree it is expensive to install but the trend is moving in their direction. If Biden is going to throw a lot of money are retrofitting buildings for eco revolution, then maybe some $$ there for VIEW. Recent big contract for Dallas airport.
I wish they did not name their company after a verb - impossible to search.