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Last edited 5 years ago
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#Business Model/Strategy
Added 5 years ago

Been a woofer for years. Successful turnaround story now. Doing about $1.7m revenue per month. Should do $2m npat p.a. Deal wit GM is annuity style given its for compliance purposes. This compliance angle driven by SEC pinging Fiat Chrysler for inflating new car sales. CXZ tool could be attractive to all automakers. GM deal for US only, likely to expand to NA first, then globally. Stock is cheap and funded. New director help flog off SFI for a decent price. Joined the company already owning stock whilst his short term incentives implies FY20 revenue growth of ~50%+.