Following Record Q4 Logiq Reports Over $37M In Revenue For FY2021
AGORACOM Small Cap CEO Interviews - Een podcast door AGORACOM
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Why listen this interview? Here’s 37.3 MILLION Reasons…. The AGORACOM of the e-commerce world. AGORACOM helps small-mid cap companies win the attention of investors … Logiq helps SMB’s compete against megabrands in e-commerce The global e-commerce market surpassed $9 TRILLION in 2019 … and is scheduled to grow by a CAGR of 14% into 2027 … But mega brands control almost 70% of the US market alone and are using their strength to win even more market … making it harder for SMBs to compete in this massive market. Logiq is an award-winning e-commerce and fintech solutions company that is addressing that problem by helping drive e-commerce for SMBs around the world … Financial Highlights ● FY21 reveneue $37.3 million ● Excluding AppLogiq, Logiq FY21 revenues rose 51.8% to $23 million. ● FY21 gross profit increased 73.8% YOY hitting $11.1 million ● FY21 gross margin percentage increased significantly to 29.6% versus 16.8% ● Record 4Q-21 revenue exceeds Company’s projection .. 2X YOY to $13.1 million ● Projects 2022 revenue up 30% YOY to $50-$75 million, profitability in early 2023 Late last month Research Capital initiated covered on Logiq Inc with a buy rating and price target of USD $2.20. The firm stated: A Correction in Digital Marketing Sector Valuations Creates an Attractive Entry Point for Long-term Investors. Research Capital further states … We expect Logiq’s revenue to grow by around 36% (CAGR) over the next three years. We view the current stock price to be undervalued. … we note that Logiq trades at a significant discount. Now sit back, relax and listen this powerful interview.