Not sure if you've read the whole document but they are currently transitioning to a subscription based revenue model which means little revenue growth in the interim. New revenue model would ensure guaranteed revenue and sustainable dividend for shareholders.
Plenty of potential growth based on their new business model, with global scalability and diminished sales effort meaning less expenses and potentially exponential income growth as sales through partnerships ramp up.
Whilst the expected Q2 revenue is a bit disappointing, future outlook is great. IMO this is going to be as bad as it gets, as the company is in transitional phase.
Even if they only achieve $13-14 million revenue this year, thats still $5 million EBITDA. For a market cap of $45 million, thats pretty damn good.
Patience is a virtue mate!
All IMO, DYOR, GLTAH
Not sure if you've read the whole document but they are...
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