I understand many earlier investors making huge profit on this stock however the new comers need to study their book and growth carefully before putting all your live saving into this stock.
The summary table below highlights the revenue and profit for the last 3 years. The company revenue grow estimate around $10M per year and they are still making huge loss.
2018 ($M) 2017 ($M) 2016 ($M) 1 Total Revenue $53,553 $40,666 $30,882 2 Total Expenses -$62,367 -$42,599 -$35,982 3 Profit Before Tax -$8,227 -$1,534 -$4,693 4 Net Profit After Tax -$11,029 -$5,304 -$7,135
The table below shows the company marketcap. I just don't understand how this company grow into billions.
Expand into Canada requires more capital and it doesn't mean they will make profit. Revenue go up however so total expenses.
Outstanding Shares Price Marketcap 1 447,028,771 $3.20 $1,430,492,067 2 $4.00 $1,788,115,084 3 $5.00 $2,235,143,855 4 $6.00 $2,682,172,626
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