RE:RE:Imo3 contracts;
900 kms flown;
$100K revenues;
= $111/km.
If that is even close to a repeatable rate per km, there is significant growth potential. This service applies to multiple industries and different price points, but at the end of the day it is about line kilometres and how many you fly. And I'm getting the sense that they might fly a lot.
Market cap right now puts them under $10M, and IMO the last 6 months of aquisition creates nearly that much value on its own. Which doesn't begin to account for future revenues. Hardware, software, expertise and permitting all in one place. The revenues will tell the tale, but they seem to have the deck chairs in the right order....