At the moment most of the revenue if not all is selling a good like a TV so it is not the sort of revenue multiples are placed on. Once Zoleo sub revenue comes through though the market may rerate on this basis but as it flows through the JV it may be more on a profit EPS multiple.
A lot of the companies that are looking expensive will prove to be and never actually make any profit. It is funny as in this market an idea or a dream can be worth more than actually making a profit!
At the moment most of the revenue if not all is selling a good...
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Mkt cap ! $11.23M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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