Can anyone tell me how/why any of the below is wrong and the current SP is literally a function of dissatisfied past investors that copped a few mishaps?
Had a dilutive capital raise + hit with a legal case and dropped the price significantly
Underutilizes their social angle dramatically
Proven global scalability, haven't started EU yet
Balance sheet to last foreseeable
Beats targets on every announcement, Net retention rate over 100%, ACR continually increasing with their product growth
GM increasing FY20 69%> FY 21 75%
The legal case will end EO 23 6months after they move cashflow positive
IP around their tech seems very legit
This is exactly what Social capital/ The Space community would get around
CEO is a good presenter, knows numbers, good history
Rev/EV will be trading around 4x
Drone enablement in the future for further EBIT expansion
^AI capability to do the same
Thus -
Next announcement/ webinar 16 Feb - if positive seems like a time that it could/would turnaround
What am I missing?
NEA Price at posting:
$1.33 Sentiment: Buy Disclosure: Not Held