What Is Logiq ($LGIQ)?!
Logiq is a leading global provider of commerce and fintech business enablement solutions. Their main focused are in m-commerce, e-wallet and food delivery.
Their four chief driver for revenue:
- AppLogiq B2B platform-as-a-Service
- DataLogic: An AI-Powered Martech Platform
- PayLogiq: Mobile fintech
- GoLogiq: Food and Grocery Deliver
AppLogiq:
AppLogiq is a subscription-based mobile commerce PaaS that aids small- to medium-sized businesses (SMBs) in marketing, auctioning, and delivering goods and services with any mobile device.
— -> The Shopify of Mobile
DataLogiq:
DataLogic service is a MarTech and AI-Powered Big Data platform for enterprises and brands. In other words, this is a consumer monetization platform that connects providers with brands, and provides connections for buyers and sellers of consumer data.
PayLogiq & GoLogiq:
PayLogiq mobile e-wallet and GoLogiq urban food delivery services showcase the power of the AppLogiq platform to create highly valuable mobile apps that can attract large and active user bases.
Currently, PayLogiq and GoLogiq’s annualized gross transaction volume (GTV) exceeds $24 million combined. Comparative M&As and investments place the valuation of PayLogiq and GoLogiq at 2–4 times their GTV- a range of $48 million to $96 million. The combined GTV growth outlook for 2021 currently exceeds $50 million as well.(5)
Conclusion:
- Logiq expects to end 2020 with revenues of more than $38 million, with margins expanding across all of its business segments. → up 27% in first three quarters of 2020
- Compared to the industry P/R ratio average of 26x, Logiq is grossly undervalued with a P/R ratio of approximately 2.2x and potentially the same type of upside
- It’s well-positioned in the $6.5 trillion e-commerce and mobile commerce industry.
THEY ARE CURRENTLY ONLY TRADING ON OTCQX BUT HAVE PLANS TO MOVE TO LARGE EXCHANGES (Hopefully NYSE soon!)
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