Replies to post #1168 on mCloud Technologies Corp (MCLD)

[Tickbomb]

not quite, fully diluted there are 64M shares I think. If we get to 5B everyone will convert or exercise the warrants. But a very large bagger for sure. That is why $1 does not make any sense. You can do large dilution and still get a wonderful result. The issue is can they grow this thing fast enough.

Look at EQ.V. Different space, but a digital analytics company with decent gross margins. But their 3 year growth target is around $50M in rev from their current $10M. But the stock EV/Rev is around 10x. they have had to raise a bunch of dilutive money too, going from 23M shares in 2017 to 68M shares now.

There is just so much negative sentiment on this stock. Zero optimism. So you have to use your judgement on if the negative sentiment is justified or not.

[Prime39]

Hank:
$5B with 64m shares out would be about $78/share, right? Good job getting in 62 cents, though wondering what $200m in revenue would be like seems pretty long term, considering that is 8X on 2020. How many years do you think it will take to get to that point?
Appreciate your input. Prime


Full year 2020 AssetCare™? revenues were C$20.5 million compared to C$8.9 million in full year 2019, up 130% year-over-year
Full year 2020 revenues were C$26.9 million compared to full year 2019 revenues of C$18.3 million, up 47% year-over-year with 2020 gross margins of 62% compared to 2019 gross margins of 59%.
Total connected assets were 59,462 at year-end 2020 compared to 41,088 at year-end 2019, up 45% year-over-year