https://www.similarweb.com/website/getswift.co/#overview
Similarweb only provides estimates unless you pay (as it discloses), but if the above estimates are anywhere near correct, the subscription revenue contribution may be higher than you expect.
Half year will include the Xmas Q which has historically been strong for delivery volumes, and looks to coincide with the need to raise more capital. It needs to be a strong Q for capital access (both LDA to boost volume/price or other potential sources), I would hope the timing of the move was because of this confluence of events. Glad to have a date and green light from the court.
Still a very high risk proposition, but with the move approved upside feels a bit more tangible. From my view MC is priced for catastrophe, even a re-rate to "unlikely to succeed" holds attractive upside.
All in my opinion, DYOR
MJ
