Sales, Marketing and the Tech are good, operations are good too.Adopting a new System isn't just done overnight, so even if a client agrees to take the product, some have to wait for existing contracts to end.
Spenda isnisn't a B2C SaaS provider, their potential clients also will have delays from their side.
Most BNLP providers haven't been profitable despite market cap, that's why it's easy and fast to profit from buying and selling their stock cause even institutions don't understand the business models fully they just follow whatever tech trend there is, infact a lot of investors have no idea about Tech stocks, they just pump money and pray for hype around the product to give them profits.
Most people even in this thread have no idea about Tech, they buy based on what "contracts" they see.
For instance it was easy to make money from Brainchip while it was on 33 cents before the Mercedes announcement, and stock shooting to above $1.
Same with Zip, a person just has to buy at low and watch "investors" and traders who know nothing about the industry create a bubble around the stock then make profit.
Who ever thinks this stock is going to jump overnight might as well pullout...
When AF was doing a pitch and saying in 2027 B2B digital payments will reach certain billions, be aware that it means calculating how many big organizations will have to move away from legacy software.
I ccould go on and on about this, but then again the stock will drop and everyone will have something to say about how AF is messing up, Yet he has been developing and selling software for years and has people who can't even install an operating system giving opinions all day every day
(20min delay)