Agreed. Always the trouble with start-ups. The CEO seems to think they should at least reach cash flow profitability at the $40 Million revenue point. They also have 28%-30% gross margins so you would believe it would be just a matter of scaling revenues will keeping overhead in check.
from 3/9/21 New release:
"We set off in 2020 to build out our platform, have scalable revenue, and end the year with a $10 million revenue run rate and a path for liquidity. With our 2020 objectives attained, our 2021 objectives are clear: continue to scale our platform revenue to a $40 million revenue run rate, achieve cash flow profitability, up-list on a national exchange, and continue to unlock the longer-term value of Recruiter.com as a billion-dollar brand."
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