KTG 0.00% 14.5¢ k-tig limited

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

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 34,340 Posts.
    lightbulb Created with Sketch. 9122
    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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