KTG 0.00% 14.5¢ k-tig limited

Ann: K-TIG to commence trading on the ASX, page-49

  1. 34,339 Posts.
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    I'd say this one offers trading opportunities, but not investment grade yet.

    It exported to 20 countries, but generated $1m - $2m revenue, current market cap $83m.

    "K-TIG’s revenue model to date has been based on unit sales of the K-TIG System. K-TIG generated $1,239,710 of revenue in 2017, $2,236,196 of revenue in 2018 and $1,069,198 of revenue in 2019. The decline in K-TIG revenue in 2019 is largely attributable to the work undertaken on K-TIG’s conversion from unit sales to the proposed ‘Welding-as-a-Service’ (WaaS) business licensing model, and one time sales revenue to longterm recurring licencing revenue. Investors should be aware that K-TIG is currently loss making"
 
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