I can't believe how quiet this thread is - did no one pick up on the potential recurring revenue from this 1 customer in this ann?
I understand this has had a VERY checkered history, but perhaps all that dead wood has been flushed out over the last 9 months as the SP based at .4 level
Looks like Freddy has turned this ship around and given the Mkt Cap is only 8m, to have signed this customer already which has a potential $50m PER YEAR in revenue, it's impressive.
Furthermore, they are only 1 of 35 companies Globally to have partnered with Google regarding their sustainability partnership. I wonder how many doors that partnership will open up?
They're attending the Google Partner's Summit in April (this month), so that should be interesting re: doors opening
I don't know about you guys & girls, but imo this could be a massive sleeper on the ASX.
Tech & AI are hot. They're in bed with Google who have a massive Gemini AI program & have invited them to attend their 'Google Partner Summit" this month to further explore collaboration.
Oh & to top it all off; they've already signed a company with the potential to generate $50m p.a. in recurring revenues once full scale production is achieved.
I've had a crack - Risk/Reward at 8m cap is compelling given Tech companies can trade 40x-60x-80x Revenues (at 40x revenues on this 1 customer at it's full scale production, thats $2B cap)
I don't want to begin to fantasizing about that, that's the stuff of dreams
