Exactly. JAT has revenue and that revenue is clearly growing. 80% last quarter, according to Friday's report. That's the main thing to be concerned about at this point. The existence or size of any profit component should not be a discouraging factor at this early stage of JAT's business.
Take Amazon, for example - notable for its minuscule profits until its sales operations (funded primarily by cash flow from incoming sales revenue) were a force to be contended with.
More importantly, look at its SP !!
Chart, page-51
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Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $58.28M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 42.5¢ | $31.64K | 73.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 47262 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 29500 | 1 |
View Market Depth
| Last trade - 14.31pm 22/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |
