You are right-it needs $80mn ARR at current costs. But as they show, their costs outstrip sales. Plus they need about 6 months to turn the rev on and then since it is ARR you are only getting 1/12th per month (obviously).
As for KMP-I agree and did a big post about that. The CEO and previous CFO had really strong growth hurdles, which if hit (I think it went as high as $1 per share) we'd all be laughing. Alas, the CEO just swapped his milestones for a set 200,000 shares each year. That was the first red alarm bell for me. Secondly, aside from Sue pitching a little in (which is great), the board members are not putting anything in.
You are right-it needs $80mn ARR at current costs. But as they...
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Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.3¢ | 8.2¢ | $197.7K | 2.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 136979 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 2788887 | 5 |
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| Last trade - 14.38pm 20/06/2025 (20 minute delay) ? |
| EVS (ASX) Chart |