RCGH growth can be 9 fold just like Amazon 199713 Oct 2023 12:25
With an AI focus and Asian exposure, I also think the ultimate size of the market RC355 is going after could be huge.
In 1997, Amazon had revenues of $148m and over a million customers. By contrast, RC365 reported revenues in the first half of its current financial year of under a million pounds.
That could yet grow dramatically. Amazon’s 1997 revenues grew over ninefold compared to the prior year. But can we see the sort of huge growth drivers for RC365 that propelled Amazon.....could be a game changing year for RCGH with some major contract wins.
Another factor to consider is what competitive advantage RC365 may (or may not) have to help it overtake rivals in an AI land grab. Amazon built a strong brand, backend infrastructure and compelling price proposition. RC365 could yet do the same – but I think it is taking the right steps to achieve that and is progressing and expanding from payment to AI technology.
Interesting and bullish times to come here onwards.