Ok... so the CIO market cap is ~$6m.
Qtly revenue - $560k (up 26%... round of applause)
For comparison, one of my other IoT stocks...
Market cap ~$100m
Qty revenue - $569k
The 'white-labelled' sales strategy (i.e. a traditional OEM approach) seems to be working for CIO.
And the SaaS sales strategy doesn't seem to be working for my other IoT stocks.
The CIO qtly report suggests further revenue growth is expected (... another round of applause).
If the company actually communicated with the market, us shareholders might even see the SP grow.
But maybe we just keep it quiet...
Who knows, limited shareholder communication, which is also different from my other IoT stocks, might just be a winning move too
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