NET INCOME OF: $443,647 IN MOST RECENT FILED QUARTERLYThis company recorded a net/net income of $443,647 in its most recent disclosed quarterly. On an annualized basis and using a 20x multiplier for companies in this segment, the valuation equates to $35 million.
Ftec has a current valuation of $16 million.
This doesn't even factor in the dual pivots of cryptocurrency and micro-lending.
The speculative upside potential here is enormous; especially so when you consider the heat of the space.
Some pre rev companies are trading at fat valuations and very few companies even eke out a profit.
Ftec is poised to move.
Blockchain and cryptocurrency is where it's at.