RE:Evolv in the News once again….smhAnd yet Evolv seems to grow in spades in spite of all the controversy. Just today they announced a deal with the Boston Red Sox (Fenway Park).
According to their recent year end results they now have nearly 2,300 subscriptions (not sure if this is locations or customers). Yes, they are incurring huge losses and don’t expect this to change in 2023 but they are sitting on enough cash to cover these losses for another few years.
The whole thing is baffling to me as they seem to be willing to “buy” new business.
Not easy to compete with a company like this.