DUB 11.1% 2.0¢ dubber corporation limited

Righteo, So, revenue up, users increased by 2,000 but revenue is...

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    Righteo,

    So, revenue up, users increased by 2,000 but revenue is still only 1.1m per annum.
    The share price has risen nicely, for no apparent reason over the last month and the market cap is now at 75m + (vs annual rev of$1.1m)??

    Sounds like some of the bigger partnerships will step up this growth leading to revenue increases but how long is that going to take realistically and how on earth does any of this support a MC of 75m vs 1m revenue pa even with partner deals announced.

    If those new 2,000 users rev is reflected in the next quarterly + another 2,000 for more growth hopefully, that's another $72,000 rev for the 2nd quarterly.

    That would amount to an increase from $297k to $369k.

    That's back of the envelope numbers of course so take it with a grain of salt, but I wonder if the punters are going to be happy with that? I know my answer but that's just me.
 
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