No idea what this 4C will be like, but even if they have a small net profit, I don't think it will move the price. They are growing so slowly that a SAAS growth multiple isn't justified. Margins are too small. Too many red flags in hindsight. Dropped the 100 million ARR forecast a long time ago. Raised 50 million just before a shocking quarter and burnt institutions and retail. Court case payout. Pictures of Buzz Lightyear in the investor presentation - probably a few others that I've missed. Very little trust left. As someone else posted, pretty much uninvestable with that sort of track record. I'm hoping for one last pump from a big customer signing up so I can exit.
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No idea what this 4C will be like, but even if they have a small...
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