This email is now circulating from HC and is from "The Next big thing" crowd. The circulation would be very large!!
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Column 1 0 ASX Stock to Expand into $1 Trillion Chinese Market with Successful Q&A Apps.
Have you ever Googled a particular question, only to come up with a thousand answers and none of them relevant to your personal circumstances?
It is this very scenario that has driven the rise of Crowd Mobile (ASX: CM8) across the globe, which for a small fee provides bespoke, expert driven answers, to your personal questions - delivered directly to your smart phone.
CM8 also has a mobile content subscription and payments platform, and the sum of all parts contributed to an FY16 revenue of $46M, with $12.4M EBITDA.
Currently deriving most of its revenue from Europe, CM8 has just announced its intentions to enter the biggest e-commerce market of them all - China.
By signing a Letter of Intent with payments company SmartTrans, it can quickly and easily re-purpose and monetise its already successful products in a market forecast to climb to $1.1 trillion by 2019:
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Column 1 0 WOULD YOU LIKE TO KNOW MORE?
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Column 1 0 CM8’s Q&A apps lie at the forefront of macro-trends including smart phone use, the global distributed workforce and the demand for personalised services.
Through its novel Apps and products, CM8 has been able to build a profitable, mobile-focused business.
The information in this email should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
Currently trading on a 3.0 x EBITDA multiple, which is very favourable compared to its tech peers, CM8’s emerging growth story may now be set for rapid acceleration:
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Mkt cap ! $15.90M |
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Price($) | Vol. | No. |
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