Good Afternoon All. Pondering thought on these continued...

Good Afternoon All. Pondering thought on these continued lockdowns and their effect on e-commerce and HT8 sales.

I personally believe QoQ growth may be closer to 15% given circumstances and increased inventory.

15% QoQ growth from $12.5m brings us the following for FY 21/22.

If FY 21/22 comprises:
Q1 of $14.4m
Q2 of $16.5m
Q3 of $19m
Q4 of $21.9m

Total will be circa $72m.

On current revenue, annualising at 12.5 x 4 = $50m, our share price is highly undervalued. A mild 2.5X Revenue multiple (average), then mcap should be closer to $125m, or $0.42.

At $72m, mcap should be $0.61.

I was chatting to an HT8 shareholder I know, who is confident that his modelling points to revenues surpassing $80m this FY. If achieved, a reasonable share price would yield $0.67.

When the market is bullish on a sector and stock, Revenue multiples could be 10X. In this instance, the $1.00 discussion is easily achieved.

For now, we focus on the fundamentals and the basics. Business is growing, and cost expenditure remains frugal. The sector is growing. The business is customer centric, and is delivering record revenues QoQ.

Confident. & Patient. Good times ahead in my opinion, and all my own opinion.

$tockfella.