RE:If the market If they can hit $18M USD / $24M CAD of sales next year, that 10X sales would be:
$180M / 65M shares USD = $2.76 USD
$240M / 65M shares CAD = $3.69 CAD
And yes, TradeDesk (TTD) does trade at 40X revenue with about 60% growth per year. And their collections on accounts receivable are horrible. Some of the worst I have ever seen. To me a lot of their sales are phony.
I believe ADCORE can match that 60% growth number in 2021 - and actually collect the money from customers instead of billing it and slapping it on the revenue line of the financial statement.