Amazon is profitable and Twitter and Snapchat's high valuations are based on their large number of users that investors/ speculators are hoping will one day be monetised. Don't think they are comparable.
But I do agree with you that a lot of tech companies are valued based on potential. However, Envirosuite has yet to prove itself or its potential after failing to secure anything meaningful with Thames Water after a 1 year trial. I am hoping they will be more successful in the US. Fingers crossed for all of us and wish management would be more forthcoming with progress announcements.
All the best.
Amazon is profitable and Twitter and Snapchat's high valuations...
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