Then (2013 - 2014 financials)
* Business focused on high volume, low margin
* Share price was trading at 30-40c
* Revenue around $30m - $40m
* Profit $300k - $400k
* Cash equivalent to debt.
Now (2019)
* Business focused on higher margin sales
* Revenue could be $50m-$70m (depending on the remaining 2020FY)
* Profits (NPAT) could be close to $5m
* Cash at bank (nett cash) could be $10m+ (June 2020) <June 2019 was $4m
Its current 25c share price, compared with operations 5 years ago should be closer to 50 cents - $1. Based on fundamentals alone not even priced in future growth, which will be exponentially.
VMOTO has the largest distribution network worldwide for electrical motorbikes, and is expected to grow about 100 % each year it's sales numbers.
Most undervalued stock on the entire ASX. Not even to mention the only electrical vehicle manufacturer.
Then (2013 - 2014 financials)* Business focused on high volume,...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $21.91K | 163.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69999 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 55000 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| VMT (ASX) Chart |