RE:RE:RE:RE:RE:RE:RE:RE:RE:Revenue CalculationsI respect your opinion but I am fairly confident that shareholders invest for the future and not the past.
If they hit their target of 13,500 mesh connections in 2022 it means:
REVENUE of: $ 40,500,000 (13,500*250*12)
Software companies easily trade at 11 times sales so we are looking at a valuation of: $ 445,500,000
Even if we use your share total of 263 million it gives a stock price of: $ 1.69 per share.
Now lets multiple the mesh effect as each brand hooks up on the system and, you get many multiples of this $40,500,000 revenue run rate like $ 400 million to $ 500 million revenue run rate.
People are throwing away their shares at this price.
This has BILLION $$$ valution written all over it.
We look forward, not backwards
PS: I love companies that promise a certain growth and then actually deliver DOUBLE the growth.
That is credibility.
MPO