Webinars, page-23

FWIW every week it goes lower the valuation makes a tiny bit more sense, but it's still richly valued. I've done the numbers before and none of it made sense to you then @LizzyBee (nor were you willing to listen), but briefly they're on track to do around $2,300,000 revenue for FY22 so at the current market cap of $32.2M it is trading on 14x revenues. This is still very high but it's a lot better than it was - at one point it was trading on 170x revenues. But to break it down really simple for you:

• the company is currently worth over $30,000,000
• on current trend they're doing around $2,300,000 per year in revenue
• on current trend they're spending $10,067,000 per year in operating expenses
• as of 31 March 22 they had they had $12,678,000 in cash

It's pretty obvious where this is going - unless something changes dramatically.