Argo Corp V.ARGH

Alternate Symbol(s): ARGHF

Argo Corporation is a Canada-based company. The Company is a technology venture delivering the vertically and publicly integrated city transit system designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. The Company’s solution integrates custom software with vehicular hardware to create a network of intelligently routed vehicles that work together to serve and scale real-time to the needs of entire cities. The Company’s mobile application delivers on-demand, door-to-door service that is fully integrated with existing transit lines and systems. The Company partners with cities, transit agencies, and governments to increase ridership to existing public transit systems and put people in control of their mobility.

TSXV:ARGH - Post by User

Argo Corp > Facedrive valuation

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Comment by Dkcanadaon Feb 17, 2021 9:15am

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Post# 32583027

RE:RE:Facedrive valuation

Thanks Greendaze. I'm trying to wrap my head around the valuation. This company has essentially a third of the market cap of LYFT. LYFTs revenue is approx 4 billion and has approx 6k employees (not including drivers). This company has less than 10m in revenue and almost no employees (including drivers). I like the idea and the vertical but just concerned about the valuation and the risk of a promotion scam. Good on you for getting in early. Do you think this thing has room to grow from a valuation standpoint and if so why?

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