$NTAR reports a very strong balance sheet yesterday. They are a rapidly growing AR/VR e-commerce company who have acquired a slew of contracts in the past two years. They have integrated with have integrated their platform with larger names such as Microsoft ($MSFT) and Skype.
- Revenue grows 177% to $2.5 million
- Gross Profit grows 267% to $1.3 million
- Working Capital of $3.5 million
- Cash position of $2.3 million
As a result of AR/VR becoming the reality for online shops NTAR is poised to become a powerful name or at the least a very appealing buyout prospect. Check out the full financial report here.
