Wow, awesome news! Highlights for me in that release are...
- Paying $4m but split $1.6m cash / $2.4m Shares. That means no debt and the BIG shares issued are at premium to current value.
- Already the vertical is delivering $1m EBIT based on current performance before any synergies and growth.
- "roll out of auto-generated video to at least 65,000 businesses. Current ARPU for video susbcription packages is $5,100". So even assuming a 10% conversion rate, that's still $33m additional revenue per year.
- Established relationships with large global enterprises (Nestle / Bacardi etc).
Wow, awesome news! Highlights for me in that release are... -...
Currently unlisted. Proposed listing date: WITHDRAWN
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