Further to this, they have not raised any capital at all since first listing in 2018. No dilution to shareholders in recorded history. Top 20 hold 90%.
Somehow I don’t think they will need to go begging for money. I’m sure they have something up their sleeve. Remember the core business is profitable, and already experiencing a 20% uptick in 2H 2020.
The pilot in Europe will undoubtedly be successful. What kind of finalised contract will that look like? When you are dealing in an operation of Groupe Casino’s size, what if they order a deployment of 100 micro market autonomous stores? A deal that big is worth millions at least - and then there is the SaaS recurring revenue on top of that continues forever, providing big data insights.
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