The reason I am not in was the cash burn, but not unusual for companies like this at this stage. If they can kick a few more ARR goals and perhaps a couple of further good contract wins, this should start to turn around, and further raisings will be done at higher value to where this is at now. Having Google as a partner/customer gives it some momentum.
Many techs in the US have been absolutely smashed in recent months and I am buying US tech now. As far as I am concerned, their crash has already happened. The Mainstream will shortly follow suit as higher costs come through to hit the bottom lines and people fret over higher interest rates and war. But picking off some tech around now seems like a reasonable investment if you have a 3 to 5 year timeframe. ALL IMO.
AMX Price at posting:
70.0¢ Sentiment: None Disclosure: Not Held
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