Given Smarttrans recurring revenue business model, coupled with...

Given Smarttrans recurring revenue business model, coupled with top line revenue growth, Smarttrans will likely be profitable next financial year. Given the potential for further positive growth, the company could see its share price appreciate significantly over the coming months and years as they roll out into new provinces, increase retention, sign new content delivery and grow their user base. The below chart shows the initial share price rise SMA had when first receiving billing revenue in China and the lack of acceptance from the Market over the following years. While speculative in nature, the potential for this business is massive given the number of content providers moving towards online delivery and billing. Also the ability to expand into another 27 potential provinces and sign more users gives Smarttrans a very appealing outlook. With a large portion of revenue being recurring its stable income that can be used to fuel growth, which is starting to accelerate now. just a small part   from Triple C Consulting Pty Ltd. web page.........thanks for the tip formwell.