FRX vs Other Global eSim providers...

OK - So this has taken quite a while to pull together.. but I wanted to figure out just how big of a deal this Apple certified Global eSIM provider announcement is.....

Thanks to all who have posted the below screen shot from Apple website showing who FRX is up against in terms of being an Apple eSIM provider. Recap of the list is below:



Next 2 logical questions for me were:
1) Who are these players and what fields are they in?
2) What are they worth as a company?

Answer to question 1 - All of them are MVNO's and are focused on IoT.. i.e. Connected cars etc.. so FRX new IoT focus is spot on to properly become one of these players

Answer to question 2 is tough to get an exact answer for... because FRX is the ONLY traded company out of that list.
All other companies are privately held with very large valuations ... or have been acquired by multi billion dollar companies... E.g. Ubigi acquired by Nippon (Japan)

Below is the table of my best efforts to give everyone an understanding that FRX has a long way to re-rate when you look at this IoT connectivity space as an official Apple eSIM provider.

Happy to sit and watch this play out and wait till market actually realises that FRX is the only exposure in to an Apple certified Global eSIM provider

	Company	Traded	Valuation & comments	Source
1	Ubigi	Acquired	Ubigi is created by Tansatel which has been acquired by NTT Communcations.. And NTT is owned by Nippon Japan = Multi Billion Company has acquired Ubigi	Too many to list… lots of googling
2	Truphone	Private	USD $560M	https://tech.eu/brief/truphone-funding/
3	GigSky	Private	USD $50M-$100M	https://www.crunchbase.com/organization/gigsky/company_financials
4	Dent Wireless	ICO - Crypto Asset	USD $240m	https://medium.com/f0x-society/dent-wireless-valuation-analysis-e2303faad348#:~:text=Currently%2C%20Dent%20has%20~5%20million,the%20100%20million%20tokens%20outstanding.
5	Soracom Mobile	Private Start Up	N/A - Total funding raisedUSD $40.5M… valuation would be well north of this	https://www.crunchbase.com/organization/soracom/company_financials
6	Redtea Mobile	Private Start Up	N/A - Series A they raised USD $10M in 2016… valuation would be well north of this	https://pitchbook.com/profiles/company/436029-85#overview
7	Webbing	Private Start Up	Could not locate but they geberate $4m a year	https://finance.yahoo.com/news/webbing-now-offers-esim-global-140000241.html
8	MTX Connect	Private Start Up	N/A - Raised about USD $2.2m	https://www.crunchbase.com/organization/mtx-connect
9	FRX	ASX Listed	USD $14.5m (AUD $19m)

Obviously revenues etc are all yet to come.. and could be lower than the more established payers... but a stock's share price is always an indication of future value.

FRESH