Uber wanabe. FD.V Facedrive

HI there,

This is such a small company with little history and without having followed the company throughout, it is very difficult to give an informed opinion.

I do like that it is attempting to differentiate itself as an eco-friendly ride sharing company. However, this is a company with a market cap of $434 million and only generated $599,104 thousand in revenue in 2019 - a slight 2.5% bump from 2018 levels. If this was a hyper-growth company, than perhaps one could justify current valuations but low single-digit growth isn't going to cut it. Even Shopify isn't close to being that expensive.

IMO, Facedrive is highly speculative. Furthermore, since it is lightly traded - it carries additional risk and investors may not be able to enter/exit positions as quickly as they'd like which is a big risk with a company that is highly volatile.

Mat