I guess your overall point is that the Unith growth is too slow. Without knowing which businesses you are comparing them with though, then it is hard to view the comparison to make an assessment.
Do you have a list of businessess that you use as a comparison?
Here is the growth rate of Synthesia. It took them 8 years to hit $100 million.
Some businesses rocket from the start, say OpenAI but others take upto 10 years to get to $100M, so there is a wide range of values that it takes a business to get to the $1Bn Unicorn status.
In some regards I agree with you that Unith have been too slow to scale, but consequently there were Management changes made last October to address this. The business was not where the Board expected it to be and it certainly wasn't where shareholders expected it to be.
Was that the fault of one person or one decision? At this end of the business spectrum everyone is just using their best judgement. Sometimes they get it right and sometimes they get it wrong.
My perspective is to look at the revenue growth from October 2024 and use that as a guide to future success.
Sep 2024 $1185K
Dec 2024 $1225K
Mar 2025 $1339K
Jun 2025 $1422K est. (excl tax rebate)
Sep2025 $1776K est. (excl tax rebate)
Dec 2025 $2084K est. (excl tax rebate)
Compounding the quarterly growth rates gives a good benchmark. I am not ready to give up yet as experience tells me that just turning up every day is sufficient to be successful.
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Mkt cap ! $11.05M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.8¢ | $45.18K | 5.534M |
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3 | 1036250 | 0.8¢ |
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Price($) | Vol. | No. |
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0.9¢ | 1797271 | 4 |
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3 | 1036250 | 0.008 |
7 | 1623796 | 0.007 |
5 | 2077882 | 0.006 |
4 | 3500000 | 0.005 |
1 | 1000000 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 1797271 | 4 |
0.010 | 4290940 | 10 |
0.011 | 2155555 | 6 |
0.012 | 2215400 | 4 |
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