I dont think you understand how any of this works.
The interest multiple is due to them running a different model before they turned on the Wisr Warehouse as they call it (cheap cost of funds, and high margin for them), so it doesnt scale at the same rate, and the 14x is incredibly misleading.
The Q2 v Q1 comparison for me is the most possible, it shows the "jaws" are really opening, as the CEO said on the call this morning.
From what I can see the are already profitable, if they werent going after new products and market to increase their TAM, which is exactly what I want a high growth stock to do. Even at this rate, with their additional investment into Growth Opportunities, It looks to me like they will be profitable within 12 months, and very profitable within 3 years..
WZR Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
