They said they have 30 paid clients... however if they are Tier 1 it won't matter as that would be equal to nothing... revenue generating seems to be hard for these newly listed ideas which is fair to some extent...
I can't assume them to generate massive amount of profits... none of these back door listings are generating massive revenues... most of them ran based on potential blue sky and that's here as well...
This thing has a model and potentially large clients... however as per my understanding most of the clients might still be navigating ShareRoot platform... and once happy it won't matter for them to pay Tier 3 or even 10k per month which would be handsome revenue and might see SRO cash flow positive with 20 clients... All guess work of course but it looks as good as anything could be keeping in mind their cash position and 6-7m EV...
Cheers
SRO Price at posting:
3.7¢ Sentiment: None Disclosure: Held
