Yes that is true but also much slower rev growth. I have done some further digging tonight. SW1 has revenues over the last 3 quarters of 4mil (March), 4.7mil(June), 4.8mil(September). On the other hand NOV has done 1mil (March), 2.8mil(June), 4mil (sep).
I think SW1 may be the safer investment as they are currently making money but NOV could have more upside potential as the top line is growing faster. This is my belief but could be wrong. Both companies are basically the same market cap when you take into account all shares and options and performance rights (also the ones that are not yet released on the market). Hard call to make.
One thing is for sure, both these companies look much more financially strong than many other tech/fintech companies of the same market cap!!
NOV Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
