Q: Can you provide comments on the Company's annual report?
Also the Company's CEO has repeatedly stated (multiple press releases reference this) that the Company will be at a revenue run rate of $2 million per month by the end of the year. If the Company were to achieve this, what is implied share price based on what competitors are trading at? Based on my estimates of $24m of annual revenue and comparables trading at 25x revenue this would imply a share price potential of over $3. It is currently just over $1.
Also the Company's CEO has repeatedly stated (multiple press releases reference this) that the Company will be at a revenue run rate of $2 million per month by the end of the year. If the Company were to achieve this, what is implied share price based on what competitors are trading at? Based on my estimates of $24m of annual revenue and comparables trading at 25x revenue this would imply a share price potential of over $3. It is currently just over $1.