NOV 3.13% 3.3¢ novatti group limited

I agree - but watching that revenue soar quarter after...

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  1. 4,317 Posts.
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    I agree - but watching that revenue soar quarter after quarter...

    That’s the thing with cashflow though - you can fudge contracts or even revenue inflows - as we know, cash is king - it is the one major thing you look at - and they will be generating it, very hard to fake that one.

    It’s not like the market has completely ignored it - it’s up 100s of percent - but with a MCap of close to $80 mill, cash in bank and a current revenue run rate of $34 mill - and 100% growth last quarter...hmm

    My guess it the real reticence could be what is happening with crypto markets, but if if you look at Stellar Lumens as one example - the price today after these massive falls is still significantly up on the average of last quarter!

    It appears only a proportion of this companies revenue is generated there, and would be more tied to transaction volumes than the price of Bitcoin
 
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