Another reason to buy ID...soonThere's been some misinformation being spread regarding revenue. Perhaps we'll take a stab at presenting facts.
As per Yahoo Finance:
2019
Total Revenue: $539,223
Gross Profit: 503,442
2020
Total Revenue: Q1,Q2,Q3 - 931,232
Projected Q4 310,410
Combined 2020 Revenue: 1,241,642
Gross Profit: 1,045,882
Over the last two years revenue has grown by 132%, and gross profit is up 107%.
When Q4 financials and year-end results are released we'll have halt-worthy numbers.
It's accepted norm for tech growth stocks to trade at 40/50 times revenue.
At current revenue levels:
40x revenue: Share price - .34
50x revenue: Share price - .425
The Q4 and year-end results should come within a month. Single digit share prices will almost certainly be left behind.
GLTA