From Mobile Cloud Tools to Blockchain: Phunware is Gaining Support Among Institutional Investors
NASDAQ: PHUN
**Phunware Inc** has been helping Fortune top brands engage, manage and monetize their mobile audiences. Accredited with pioneering Multiscreen-as-a-Service, the Phunware system maintains a fully integrated enterprise cloud platform for mobile.
Alongside blockchain and cryptocurrencies, Phunware is also solidifying its position in the mainstream investing world. The publicly traded company announced it would be included in the Russell Microcap Index alongside its annual rebalance of growth-orientated stocks.
This expansion has enormous implications for Phunware’s revenue potential. The company has already hit $10 million in net revenues for 2020 — $9.1 million of which were from platform subscriptions. With over 66.4% gross margin in 2020 and another $31.8 million in assets, it’s safe to say watching the next phase of Phunware’s growth will be exciting.
Find the full release here at: [https://finance.yahoo.com/news/mobile-cloud-tools-blockchain-phunware-153028505.html](https://finance.yahoo.com/news/mobile-cloud-tools-blockchain-phunware-153028505.html)
This is not financial advice!!
https://www.reddit.com/r/StockMarket/comments/ogwdmg/from_mobile_cloud_tools_to_blockchain_phunware_is/