Motley Fool just published an article titled “Why Airbnb Stock Is Flying Higher Today”.
The writer discusses the rough week that Airbnb (NASDAQ: ABNB) has had, with announcements of reservation cancellations in Washington, and the subsequent refunding of lost revenue to the hosts of the now vacant properties.
But, the writer notes, things are looking up for Airbnb (NASDAQ: ABNB). Analysts predict that the company will likely turn profitable in the next few years, at least by pro forma, and by 2024, things may look even better with an actual GAAP profitability and nearly $2 billion in positive free cash flow.
Still, this year’s losses are unfortunate, with the company hit hard by the pandemic. So, is there a company taking similar strides toward transforming a stagnant industry with more stability?
As a side note, Doordash, Inc. (NASDAQ: DASH) IPO’d around the same time as AirBnB did and seems to be trading well. Our traders report that they are looking for an entry over 191 wtih a stop loss at 187. Share size appropriately.
Here’s a company that needs to be on your radar:
Take a look at OriginClear, Inc. (OTC Pink: OCLN). The Company has acquired world rights to patented water systems technology and a 25-year-old company in Texas with a sterling reputation as a builder of custom industrial water treatment plants, generating close to $4 million per year in sales and flying under Wall Street’s radar.
Water in our country is in trouble. Flint, Michigan is far from alone. Cities can’t keep up with water needs, and the funding gap is growing by more than $100 billion a year.
The solution? Self-help. Faced with broken municipal systems, businesses all over America are taking their water in their own hands, with the help of advanced, compact systems from pioneers like OriginClear (OTC Pink: OCLN).
With the help of their breakthrough technology and their own “bank” now in development, the high-tech veterans at OriginClear are transforming the slow-moving water industry, just like the hotel industry before Airbnb (NASDAQ: ABNB), and the taxi industry before Uber (NYQ: UBER), by making FUNDING much easier and revolutionizing how water deals are done.
In 2020, OriginClear showed it could create a water career for COVID-orphaned entrepreneurs and is now building a multi-million-dollar fund to finance water investments so that companies can simply “pay as they go” and only for what they use.
OriginClear refers to this as Water as a Service (WaaS), and their finance company already has received preliminary commitments for $3 million, with more on the way.
According to the Company, water companies are historically a very “safe” investment, virtually recession-proof as unregulated water rates are growing faster than inflation, and this is good for the industry. OriginClear is leading the fast-growing business of helping industry cope with its own pollution.
OriginClear’s primary revenues are from its Texas base, which despite COVID interruptions, are running 14% ahead of 2019… more than $3 million for the nine months ended September 30, 2020 compared to about $2.7 million for the same period last year.
For the same period, gross profits grew by 20% and the company’s losses from operations decreased by 5% to $2,682,435 as deep-pocketed investors continued to bet aggressively on this disruptive play and its popular high-dividend offerings for both accredited and unaccredited investors.
OriginClear’s market capitalization is about $2 million, and trading volume is about 350,000 shares daily, while non-objecting shareholders exceed 8,000.
Water as a Service is expected to help the water industry explode, and OriginClear, Inc. (OTC Pink: OCLN) intends to be a leader in this promising space.
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