What do you mean that they should hit ARR of $25m in the next couple of months?? They have already passed that milestone! For the 6 months ended 30 Sep 2020 they had revenue of $13.3m. This is $26.6m in annual revenue. And we know they have a lot higher GMV since then (and therefore higher revenue).
This thing is so cheap it isn't funny when compared to the other providers. Seems like they are going gangbusters in the UK. But even the NZ and AU growth is pretty strong. The market is clearly asleep.
cheers Marv
LBY Price at posting:
$1.40 Sentiment: Buy Disclosure: Held
