CTV 0.00% 0.8¢ colortv limited

nice show graphically. Pretty hard to argue with where the...

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    nice show graphically. Pretty hard to argue with where the company is going.

    $2M revenue per month was always a psychological barrier. And another thing that might have slipped people's notice. We have been very consistently running OPEX of between $600K-$650K per month compared to Gross profit for October of $727K. Suggests to me that October would have almost certainly generated free cash.

    On-boarding buyers and publishers is a process. It doesn't just happen overnight which is why the bar-chart above doesn't just double from one month to the next. But the growth rate over that 7 month period is nearly 100%. Absolutely incredible growth rates for a company valued at about $17M MC and in all likelihood just did a monthly profit of ~$100K.

    I think this might be the start of an upmove as people realise the company is the real deal. Cant argue with revenues of over $2M per month and free cash flow. And debt facility with net0 gives them the capability to ramp up growth. If October can generate >$2M just imagine what we will do in subsequent months with Thanksgiving and Christmas which are both huge advertising events on the calendar!!!
    Last edited by djwally: 06/11/19
 
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