Revenues have grown from zero to over $17M in one year.
Revenues are likely to be > $40M this time next year.
Revenues split will go from around 100% China to 50/50 China / ASEAN in less than one year .
On a like for like basis based on trading multiples of other ASX listed companies - NET is trading at less than 25% of price to revenue multiples.
NET is a standout value bet in stock with > than peer growth locked in.
NET has only one problem and that is sourcing working capital to fuel the pipeline of clients already locked in.
This issue should be resolved as company inevitably moves to cashflow positive status over next 1-2 quarters.
I like buying shares at lower prices as nuff nuffs sell into the abyss that is their own short termism.
Please continue with down ramping - thanks.
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