25,000 in 3 months, and let’s say 100k in a full year. That’s SA...

25,000 in 3 months, and let’s say 100k in a full year. That’s SA alone, now take that across 22 countries over the next 2 years, and that will give 2 million.
South Africa 100k sub x $8 = $800k x 12 months = $9.6 million and say 25% to Em1 = $2.4 million a year
multiply that by 22 countries over the next 2 years, and give it a PE of 25?? Your looking at a market cap of $1 billion.

now let’s be realistic, and say they achieve less than half the numbers and if these numbers are realistic then it’s a MC of 50c.
there are other telcos in the pipeline, and I assume the games will be ever revolving and becoming better.

lastly, if you wanted this today or by xmas then yes it is underwhelming. Maybe invest and wait for the reward.
all IMO, and happy with the comments and this pearl. It will shine!