Thanks for the response. I did a little bit of research and saw in 2017 such an event took place where so many subscribers were lost leading to the SP falling from 15c down to 5c. But now they appear to have come back stronger than before and growing over 50% and becoming profitable means they can keep expanding without pressuring margins too much.
I think its probably a lack of moat the company has that has lead to a lower valuation compared to some of the high flying tech stocks out there but when I see persistent strong revenue growth with increasing profitability its all the proof I need that the product being sold has benefit over others.
The SP can't stay here for too long. If the company does keep growing ajd becomes profitable we should see a rerate by the market. It must be getting close to being included in the Technologies index
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