Post by
Torontojay on Apr 01, 2021 12:44pm
Direct clients vs indirect in q4
It is interesting to note that in q4 the company added only $177k indirect clients (higher margin) and $10,027k direct clients (lower margin). To put it another way, around $10 million versus almost $200k
If they can keep these clients and increase their margins, the share price will explode. I imagine that there strategy is to attract customers and increase margins in the future. There is always the possibility they can earn $30 million (us) in revenue which would imply that we are significantly undervalued at current market cap.
Comment by
nozzpack on Apr 01, 2021 12:58pm
That is exactly my interpretation too. Grow the revenues and margin increases will follow. With Mainland China office now just opening, and with 1.04 billion social network viewers,there should be no problem growing revenues. So, sit back and watch the sales trajectory be our wings..