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downdraft

04/21/24 1:20 PM

#66135 RE: linkvest #66127

It's hard to know the revenues yet as I've only seen articles and videos that give us those huge numbers, but no actual numbers from the company. My post from earlier this morning was referencing last night's video where the CEO said they had 1 million shoppers per day, as of last September. That in itself could lead us close to a billion dollars in annual revenue already.

What's confusing about e-commerce is that some companies report their revenues as Gross Merchandise Volume which is the value of the goods being turned over each year. But companies like Amazon, Ebay, Alibaba just earn a commission on those sales which is I how speculated that $750 million in annual revenue was reasonable.

But if they give us just that amount of revenue and Nasdaq listing momentum, even with a 4 billion OS and just a PE of 20, could send this to many dimes, for starters. That's not a prediction; that's just what those revenues would suggest for this size OS.

Since they're apparently growing like a weed, billions in annual revenue appears likely moving forward, which should allow the stock to grow to dollars with ease.