I've been holding a smallish position since IPO, I'm down around...

I've been holding a smallish position since IPO, I'm down around 70%.

With that said, they are growing revenue, albeit slowly and in dribs and drabs, but they have flagged that their costs should remain steady in their latest update. Additionally can't fault their work rate, they've been out their selling and acquiring customers flat out since inception and the Directors have a ton of skin in the game - which I like to see.

A small cap like this with such a low EV, can move the needle very quickly with a decent sized corporate or government deal. I'm in it for that sole reason.