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Steer Technologies Inc V.ARGH

Alternate Symbol(s):  ARGHF

Steer Technologies Inc. is a Canada-based company engaged in providing an integrated environmental, social, and governance (ESG) technology platform that moves people and delivers things through subscription and on-demand services. The Company’s offerings generally fall into two categories: subscription-based offerings led by its flagship electric vehicle subscription business, STEER EV, and on-demand services incorporating delivery, business-to-business (B2B) marketplace, delivery-as-a-service (DaaS) and rideshare businesses. Its DaaS business provides a flexible logistics solution, empowering businesses to meet evolving client demands and streamline operations. Its rideshare platform connects passengers to reliable transportation options. The Company’s platform is also powered by EcoCRED, its big data, analytics and machine learning engine which seeks to capture, analyze, parse and report on key data points in ways that measure the Company’s impact on carbon reductions and offsets.


TSXV:ARGH - Post by User

Comment by Dkcanadaon Feb 17, 2021 9:15am
72 Views
Post# 32583027

RE:RE:Facedrive valuation

RE:RE:Facedrive valuation Thanks Greendaze.  I'm trying to wrap my head around the valuation.  This company has essentially a third of the market cap of LYFT.   LYFTs revenue is approx 4 billion and has approx 6k employees (not including drivers).  This company has less than 10m in revenue and almost no employees (including drivers).   I like the idea and the vertical but just concerned about the valuation and the risk of a promotion scam.   Good on you for getting in early.  Do you think this thing has room to grow from a valuation standpoint and if so why? 
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