When it comes to scalable tech...
• Profit is a destination - but its not a necessity that must be achieved today - ask plenty of much bigger tech companies (LVT, DUB, APT, Tesla...) - anyone who endlessly harps on about the need to turn a profit now (particularly for a micro-cap) has no idea what they are talking about
• Value is created by velocity towards a bigger future - not picking the bones out of today
The questions you need to ask yourself regarding EN1:
1) is the platform capable of rapidly growing customers?
2) is revenue capable of rapidly increasing?
3) can costs be contained?
4) can better funding terms be arranged?
5) do they have a gigantic Total Addressable Market?
6) have they got a plan / roadmap?
7) is an MC of $9 mill for a scalable tech company generating around $16 mill of revenue cheap?
I believe the answer to all these is a considered 'Yes'
Others please feel free to disagree.
EN1 Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
