Potential catalysts

The focus of this thread is to share potential catalysts that are likely to increase the value of this stock. All ideas, thoughts and observations are welcome.

To help get things started, the first topic I'd like everyone to consider is RE-RATING and what is required at this point in time to trigger a re-rating to get the stock back to a $50m market cap.

Why should it re-rate? Well, right now (as of 14 February 2023) KDY's market cap is $5m. That's about 0.27x the FY22 operating revenue of $18.1. It's ridiculously cheap. Especially considering that the company with the same vision and market opportunity was valued at over $450m in 2021 when it did just $2.6m revenue p.a. and based on its last quarterly, Kaddy should generate over $50m turn over (revenue + GMV) this year.

For investors coming into the company at this point of its journey to generate a 10x return, the market cap would need to increase to $50m. In the whole scheme of things $50m isn't that much for an emerging technology company with proven product fit with a very large addressable market.

Keen to hear your thoughts.