Here to show the potential of EVS stacked against YOJ and NVX
And here's why I like EVS over the other two
Key Shareholder> I trust Macquarie Group , they hold 8% stake in EVS and able to convert options to increase to 14%, EVS able to leverage MQG international clientele for client referrals and that itself is very powerful for EVS global business development.
Secured Revenue, Not Buying a Promise> With EVS, they have already achieved $58m and projected to grow to $100m in 2-3 years, with the other, you are buying a promise, with NVX a solid promise of $250m by 2023 but no indication of any numbers from YOJ (the only number you get from YOJ is that its client base has $50B in revenue - yes one can sell $1000 to Telstra and Telstra has $2B revenue lol)
Cheap on SaaS multiple> Market cap/revenue of EVS is just 4x , cheap as , while for YOJ @ 306x its ludicrous
Confirmed Business Traction - A De-risk for a microcap prospect> EVS business traction supported by 210% revenue growth and 30+% market share in one business segment globally
Global Footprint> EVS footprint is Global , while YOJ is limited to SEA and Novonix depends on Trump's America to buy America first instead of China
Share Price Potential> Both YOJ and NVX have seen substantial share price growth in recent months , the former a staggering 21x and NVX 10x, while EVS has only risen by just over 3x and only lately upon Macquarie's entry.
If EVS is able to reach NVX market cap, it could get to 63c in the longer run. Breaking to its all time high of 39.5c should be IMO a-doable prospect possibly even within this year.
| Column 1 | Column 2 | Column 3 | Column 4 |
|---|
| 1 | | ENVIROSUITE (EVS) | YOJEE (YOJ) | NOVONIX (NVX) |
|---|
| 2 | Share base (mil) | 1,024 | 985.34 | 347.49 |
|---|
| 3 | Share price | $ 0.230 | $ 0.255 | $ 1.855 |
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| 4 | Market Cap (mil) | $ 235.52 | $ 251.26 | 644.60 |
|---|
| 5 | Latest Annual Rev (mil) | $ 58.00 | $ 0.82 | 3.60 |
|---|
| 6 | Year-on-year Rev Growth | 210% | -56% | 35% |
|---|
| 7 | Market Cap/Rev (times) | 4.06 | 306.42 | 179.06 |
|---|
| 8 | Cornerstone Investor | Macquarie Group | Thorney Investment (Waislitz) | n/a |
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| 9 | Business | AI Data Analytics for Environmental Management Outcomes | Logistic Software | Only US Synthetic Graphite Anode Supplier for Battery |
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| 10 | Geographical Focus | Global in 11 countries | South East Asia | Global |
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| 11 | Revenue Model | SaaS -70% recurring target, $100+k per site, $100m by 2023 | SaaS- to date many customers with low ARPU | Sale of Graphite Anode in competition with Chinese & Japanese suppliers but with higher safety, efficiency & lower emissions, >$250m by 2023 |
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| 12 | Profitability | EBITDA positive by end 2021 | No projection | No projection |
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| 13 | Business Driver | Environmental Impact Mitigation - Sustainability Business | Logistics Operation Efficiency | Electric Vehicle Battery Growth |
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| 14 | Business Traction | Winning Contracts Globally and > 30% Market share in airport segment | Business with Majors are largely still Collaboration Phase with no uptake commitment to-date | Supply Agreement with Samsung and Collaboration with Sanyo |
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| 15 | ASX | ASX All Technology Index | N/A | ASX All Technology Index |
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| 16 | Share Price rise since March lows | 328% | 2125% | 1027% |
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