RE:Reasons for Optimism
AlexDonovan wrote: Any reason to be optimistic for the near future?
1) revenue per customer should increase as more people use 3D tours and floor plans.
2) UImeet3d is in its infancy and so a subscription type revenue model should add to the top line in the coming quarters
3) the pandemic will be coming to an end and so more people will be willing to list their homes
4) I expect mortgage rates to moderately increase and real estate prices to fall which would add to the demand side market of home ownership. Right now many people have no choice but to rent. Industry headwinds do not last forever.
5) inflation fears will dissipate as supply disruptions come to an end and should stabilize in the 2% range. This is good for the stock market in general.
6) the company raised $ 3 m in capital which would be used to bolster its sales and marketing presence as well as potential accretive acquisitions. Jason Donville's DKAM is part of this capital infusion to the company and he has an excellent track record.
7) insider buying
8) more people adopting virtual tours
9) cash flow positive
10) great track record of growing sales per share year after year.