I have the same conclusion. Either they have a large uptick in...

I have the same conclusion. Either they have a large uptick in customers after the platforms launch, or there will be another capital raise to see out to profitability.

Pretty sure next year will transformation for this company, they are definitely on track to get there - just how quickly the platforms can attract the telco customers is the real question. But MRR going up pretty strongly shows strong interest from new telco customers, so once you put it infront of millions of existing telco customers, there should be strong growth. From memory it was about 50,000-70,000 new customers to be profitable at year end.

Hyperbolic growth + high margins is a very rare thing in a SaaS this cheap.