RE: 25 million revenue forecast27 Apr 2022 09:35
lol watch em try & scoop your shares. The update is as expected - they're demonstrably growing, revenues increasing (estimated at £8.8m & £25m in 2022 / 2023 - further to the Cenkos note), gross margin up to 36% is impressive & cash in the bank at £7.1m is good. It's all about scalability with BIDS, the quicker they can scale their offering to obtain more ads & more revenues, the faster their administrative expenses (currently holding back any profit) will become a non-issue.2021 was a big year for them - the Azerion contract really puts them on the map.