Their growth rate in recurring revenue streams is powerful. Reminds me very much of Canva back when they started in 2012 and now have $292m of annual recurring revenues, valued at $4.7billion with continued growth. Business owners use Canva instead of paying for expensive graphic designers, I can see business owners using this company instead of paying for expensive techies to build their apps. Most importantly is the addressable market opportunity, which is blue ocean territory. Wouldn't be surprised if this becomes a $billion company in a few years. Watch this space.
APV Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held