Can someone explain to me... Why you are willing to pay 200x revenue for a business with no real revenue and an unclear business strategy? I am no expert on the company, but all I see is a bunch of graphs, diagrams and charts that link countries, verticals, etc...
Can someone here even articulate expected revenue based on certain metrics for one specific of the potential businesses?
What is the operating model like? What kind of operating margins can this business achieve?
This business has the same market cap as:
- exactEarth (UR) - $16M TTM in revenue, 40% gross margins, trades at 1.1x BF revenues
- Redline Communications (RDL) - $22M TTM in revenue, 56% gross margins, trades at 0.4x BF revenues
I really wish these guys luck and all, but I fear some retail investors have been misled and do not really understand what they are buying.
Prokofiev
