Thanks $stockfella thats a good way to look at them ... I also...

Thanks $stockfella thats a good way to look at them ...

I also look at price/sales for ecomm as the profit margins from immature businesses can swing wildly and it can be tricky to conclude due to different levels of maturity

As ht8 track record of growth builds, investors can pay 2x 3x or 4x sales if they lust after the growth . . .ht8 is still trading just around 1x annual sales (mkt cap $41m versus annual sales ~$35m)

Thinking ahead its not hard to see HT8 getting to $5m++ a month or $60m p.a. sales when they have deployed more working capital into inventory / activated more marketplaces / entered new verticals and by then achieving market cap of 2x or 3x sales which can be a market cap of $120m to $180m