Significant Potential For Revenue Growth We have continued to see great challenges within the supply chain industry as delays and inefficient processes plague the sector. When shipping one container from Africa to the Netherlands 30 organizations, 100 people, and 200 interactions were involved. This created a 30% deficit with how long it took to process paper-backed documents. Now, imagine how slow it is when a company is trying to ship far more than a single shipping container.
That’s where $MHUB.V’s proprietary platform comes in. It is digitalizing the paper-backed processes into an all-in-one stop for companies to create supply chain efficiency and resilience. Beyond the core platform, there are also additional applications such as ESG tracking for emission regulations/transparency and a finance and assay application to expedite trade processes. And ever since the transition to revenue from development, they’re been able to do some impressive things.
- Signed a commercial agreement with BHP as a paying subscriber to the platform.
- Another subscription agreement with the Sumitomo Corporation.
- And with these 2 companies already being past collaborators, there’s potential that they will be bringing more of the collaborators to the platform very soon. Examples include: Kimura, Wheaton, Vale, and more.
Overall, this company has built a product that companies need. With 2 of the largest mining companies in the world already signed up, it’s only a matter of time before we see more follow suit. The current $14M valuation is definitely something to keep an eye on here.