Ann: GetSwift Reaches its First Performance Milestone, page-8

My figures suggest between 18 and 23.5c per delivery.

If you take the 23.5c per delivery figure then they need 10.6m deliveries a year - 2.6m per quarter - 888k per month to breakeven. They are doing 250k per month now so still a way to go just to break even. And that doesn't take into account rising expenses. In short, deliveries need to increase by a factor of 3-4 to breakeven (probably a factor 4 given expenses will rise). Of course plenty of new economy companies don't make profit, why be burdened by profits when you are a rapidly growing tech company....

Anyway the market will be the ultimate judge of what is fair value.

s.loeb