Well i Just think they're still small only 25m in revenue so wouldn't notice it as much as bigger companies. And it's not like people aren't going to use their app for Mcd's, White Castle ect. 7-eleven and Superindo will still be open.
They had 13.6m in the bank on Sep-30 so minimum a 400k increase - which is lower than the 1.8m they generated in the first half but i'm not surprised as we know their headcount has increased to 120 for future growth, and we know they had more capex, so the increase in the 2nd half in cash was always going to be less.
Even if revenue only grows 30% in FY21, I don't expect their costs to increase as much as FY20, so hopefully we see an increased EBITDA margin.
Better than a lot of other small cap tech stocks which are bleeding cash and looking like falling over potentially.
Well i Just think they're still small only 25m in revenue so...
Add to My Watchlist
What is My Watchlist?