I know @Tran did some excellent comparatives recently to try and...

I know @Tran did some excellent comparatives recently to try and illustrate the upside potential for EN1. And we have already seen how undervalued this is based on other direct industry competitors.

Here is another one:

Have a look at ISX.

A fast growing Fintech (payments tech) Company.

I know it’s not necessarily advertising, but this space (and EN1) is also growing its revenue base fast.

Just announced (14 May) “Break even run rate achieved”

Share price has gone up c.60% from 35c to 55c.

Last ISX quarterly shows receipts of $1.4m, outflows of $3.1m and a net outflow from operations of $1.7m.

Since the end of Q1 they have had a significant increase in revenues (similar to EN1) to reach break even in May (similar we expect for EN1).

Assuming inflows are now $3.1m to match outflows (assume costs are stable) and ignore the timing impact of collections this equates to c.$12-$13m in annual revenues.

EN1 is expected to be running at daily revenues of c.$50k/day.

ISX at 55c has a Market Cap in EXCESS OF $600m!

Here is the question.

When can we expect to see a similar confirmation of “break even run rate” being achieved for EN1 and what would this mean to the SP for this tiny $17m capped fast growing tech company?

I think we can expect this very soon.

Please DYOR