$15m MC with $10m cash in the bank coming in = $5m EV
$3.1m revenue in 2023, which will continue to grow significantly in 2024.
Yes the company is making a loss. However as revenue increases the losses will become smaller. A tech business does not operate cash flow positive from day one. There is alot of development costs etc
Maybe look at companies like BRN, 4DS and WBT
$200m MC to $800m MC companies, that generate between $33k to $230k in a year and have significant losses. BRN posted a $29m loss.
W2V is in a much better position.
W2V Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
