Q: your opinion on xbot and the space their in, MaaS machines as a service
thank you.
great service you offer.
thank you.
great service you offer.
5i Research Answer:
XBOT has seen a fair bit of 'promotion' which can be concerning at times. It has minimal revenue, so even at a low $85M market cap expectations are very high. The stock, surprisingly (because of the strong sector), has not done that well, either. Insiders own about 15% but have been small sellers in the past six months. Cash flow remains negative and it will likely require more capital soon. It did raise $7M in October, but at higher prices than current (50 cents). While it is interesting, we would consider it too small, too risky and too expensive for current buying. We would, at least, like to see positive cash flow here.