SOV 2.00% 25.5¢ sovereign cloud holdings limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3

  1. 1,971 Posts.
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    $20m burn and adding more and more staff. CR is coming very soon imo. Their servers will ALL need replacing as they will be generations too old. I see an increase in leased costs regarding storage and compute. VMware just also increase licencing costs by 10% for all VMware Cloud Verified Providers.

    These guys would need to land massive sales to cover costs and I can firmly say VMware solutions are not cheap, the running costs when you add compute, space, licencing, and expensive certified staff will mean for every $1 they bring in there is an easy $1 of running costs to match.

    Break-even is years away. Dilution is a question of when not if.

 
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