AI in Real Estate, page-19

Hi Megssy I have covered this comparison in many of my prior posts here as well as all that I have written on a daily basis if you click my name.
A few reasons:
1) it is close to one tenth the mcap of BUD but more advanced in its business development as it has close to $6m revenue (ex grants) to BUD’s $1.5m and lower losses
2) Has AI and predictive capability and automated adjustment mechanism in its playform, BUD only monitoring and in a crowded market the former is a great differentiation
3) BUD may have got those large tech distributors that sound impressive on paper supposedly able to deliver latge sales while BIQ has had its platform distributed by specialist energy related distributors- i would go with the latter
4) BUD’s cash burn is enormous even though it may have done a $23m CR some of it has already gone to pay its mangement large performance shares/rights; BIQ has recent success to rein in its expenses and hopeful that positive EBITDA can be reached next year which should get its sp re rated
5) After two suspensions BUD’s corporate disclosure/governance/trust needs to be earned back - overpromising and not delivering or not walking the talk will lose trust amongst holders. Compare with BIQ disclosures which are far superior in details and transparency
6) BUD management has lots of awarded shares, matter of time they will be progressively sold in the open market and the CEO has also indicated this- he sold down earlier and claimed it was for tax purposes. BIQ management share options based on financial metrics not some easily achievable operational metrics
7) BIQ has longer operating history in the BEMS market- BUD is new entrant trying to find an anchor in international market , it is a competitive and crowded space, barriers to entry is always there in a variety of ways otherwise BUD’s 4C quarterlies should shown better revenue traction than it has to date