From reading the comp history I have a feeling they will need another capital raising, maybe two even, before the comp turns profitable, if it ever does. Ideally would like to see the small revenue base increase in leaps and bounds in the short term.
I was interested initially as I thought this was a new area with a lot of growth potential, however it appears other companies are already operating in the space, as this is a global service.
https://fintech.global/regtech100/
Kyckr does not appear in the top 100 comps, that I could see.
RDC is one comp already providing same type of service that KYK does; maybe others do as well.
https://www.businesswire.com/news/home/20181127005107/en/RDC-Recognised-2019-RegTech-100-Report-World%E2%80%99s
https://www2.deloitte.com/lu/en/pages/technology/articles/regtech-companies-compliance.html
All just imo. plse dyor.
