CXZ connexion mobility ltd

I'm personally quite pleased with the progress the company is...

  1. 3,387 Posts.
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    I'm personally quite pleased with the progress the company is making in possibly the most challenging macro environment it has experienced since listing. The global semiconductor shortage continues to impact GM and has done so in a very material way. But, I believe that the worst of this crisis is now over and that we may see an impending recovery in revenue (as global vehicle inventories recover)... the market is forward-looking... which is why I believe the share price appears to have bottomed out and is slowly moving up from the $0.008 (0.8c) low...

    The next couple of quarters will be telling...
    • No debt.
    • Profitable.
    • Pricing leader.
    • Sub $10m market cap.
    • Relatively lean cost structure.
    • Recurring revenue model (SaaS).

    Personally, I'm very happy to continue holding and slowly accumulate. I'd love to see CXZ at a $30m+ market cap in time and I don't see why that's not possible if they can hit A$2m EBIT in time (15x multiple).

    https://hotcopper.com.au/data/attachments/4723/4723814-6994b312c28e506e136158aae6962eec.jpg
 
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Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $20.27M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $5.1K 200K

Buyers (Bids)

No. Vol. Price($)
9 4473309 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 674344 3
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Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
CXZ (ASX) Chart
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