Came across this article that discusses the continuous growth of E-commerce, which has risen from 15% of total retail sales in 2019 to an estimated 22% of sales in 2022. One of my top picks in this space is JPIM JPIM.v (offer a product information management solution for eCommerce merchants).
They had impressive Q3 financial results
- Total rev. was $1.3M for the nine months ended April 30, 2022 (growing 30% year-over-year)
- Revs from subscriptions were up 50% year-on-year to $888,540, compared to $591,570 in 2021
- Successfully closed a $6M financing
- + more
At 6c it’s looking like a good entry point.
https://www.newswire.ca/en/releases/archive/June2022/28/c4460.html