Trackx Holdings Inc V.TKX.H

Alternate Symbol(s): TKXHF

Technology Software - Application

TrackX Holdings, Inc. is engaged in the development and customization of its proprietary enterprise software platform which enables companies to track physical assets using a variety of item level tracking and sensor technology. The Company provides software-as-a-solution (SaaS) based enterprise tracing, tracking and collaboration solutions for sustainable and better performing supply chains. Its solutions are built on an enterprise scalable and fully customizable platform that leverages a range of radio frequency identification (RFID), Internet of things (IoT) and sensor technologies to provide item level visibility to customers across a range of industries, including food, beverage, brewery, automotive, insurance, technology and government.

TSXV:TKX.H - Post by User

Trackx Holdings Inc

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Comment by Stuatoron May 14, 2017 12:35pm

197 Views

Post# 26242132

RE:RE:RE:Q1 Revenue greater than all of 2016.

I agree they grew Q1 500% compared to last Q1 and there will definitely be growth in Q2 over last year's Q2. However, since they just finished a large sale for a national dealer, Q2 might be lower in revs than Q1.
If they grow at 30% QoverQ from Q1 to Q4, they'd still be at 3.3 x sales. Which in my mind is still too steep of a price. It'll be more interesting to see their growth profile in Q2-Q3 coming off a larger base of revenues, I doubt we'll see the eyepopping 500% growth. Also, it will be quite a while before they make any money.
Needless to say I see a promising company, I just don't see the value proposition yet. Reduce the stock price by a third and it's a better case for an investment.

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