I think 25% is unsustainable and won't last long. Good to see LiFX team taking 10% into account on their projections so I think we are covered on that basis. Also great to see their efforts/sign ups in Europe which will help mitigate tariff risks long term.
On other note, what are the views of others on valuing this business on LiFX projections alone?
It is clear that this is no longer a Saas play but saying that it certainly isn't a light bulb play either.
BUD Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held