Low Float Nasdaq Idea (LYT) Could Become 2023's Next Breakout (4 Potential Catalysts Lead The Way)
With zero time to waste, we need to dive directly into this profile ahead of Friday's opening bell.
Why? Two main reasons.
First off, this is a low float Nasdaq profile with an explosive chart history.
Yahoo Finance is reporting a float of fewer than 6Mn shares, which means volatility could be an explosive proposition in the blind of an eye.
A quick look at this profile's YTD chart will display at least one 100+% intraday surge with multiple 50+% short term runs.
And secondly, with a key company update out Thursday morning suggesting "significant progress," there may be no better time than right now to get this under-the-radar idea on your watch-list.
Drop everything this moment and pull up this Nasdaq breakout idea:
*Lytus Technologies Holdings PTV. Ltd. (LYT)*
Lytus Technologies Holdings PTV. Ltd. is a growing platform services company. The Company’s business model consists primarily of distribution of linear content streaming/telecasting services and development of telemedicine products.
And based on several potential catalysts, LYT needs to be at the top of your watch-list now. Check them out:
No. 1 - With A Low Float, Volatility Will Need To Be On Watch (Closely)
No. 2 - A Corporate Update Provides Clarity On What Could Be A Very Bright Future
No. 3 - An Explosive Chart History Is Must-See Stuff (Major Short Term Mover Capability)
No. 4 - A Huge 2023 Acquisition Further Establishes A Strong Presence In The Indian Market
But more on those in a second...
LYTUS Technologies' Company Vision
Transformation is key for making a better world and LYTUS makes this easier. At LYTUS we believe advancing technology comes with many spheres to improve the human experience. LYTUS' goal is to super-serve customers by combining multiple service domains into a unified LYTUS lifestyle platform that gives customers entertainment, information, healthcare, and fi-nan-cial freedom.
LYTUS is a rapidly growing Platform IT services company. It currently has over 4 million active viewers and users in India with an accelerated user growth model by combining its growing online content and streaming service.
LYTUS focuses on advancing technologies in media, entertainment, healthcare, and fi-nan-cial services to improve customer experiences worldwide. With an established and expanding customer base in India, LYTUS is soon launching platform services in the U.S. and Middle East.
Why LYTUS Technologies?
Established customer base in two of the biggest high growth markets: the US and India.
Strong business model, repeatable and scalable across geographies.
Unique customer conversion strategy, sub.scriber growth and additional value-added services.
Present CAGR (streaming business) greater than 5%, expected CAGR (streaming and telemedicine business) approximately at 18%.
Sub.scriber-based cable streaming company with stable growth and strong tech team. Providing a comprehensive and diversified range of bundled offerings across healthcare, fintech and streaming segments.
Fintech platform services for sub.scriber-based technology entities for our sub.scribers and advertising entities in India.
Developing post-production technology labs with patented technology workflow for 4 K & 8 K resolution, servicing all major.
Hollywood studios; along with a high-end physical production studio for content creation in Hollywood.
Transforming a nationally distributed American TV Network and OTT, in the U.S.
Strong healthcare technology business with device integration for remote patient care and partnerships with existing hospital networks.
Strong revenue base through a sub.scription model and advertising income in India. Developing technology platform services and generating revenues in the United States and in India.