Velpic has a bright future....., page-129

Okay, I've looked up the details for a few other SaaS players on the ASX and the findings support that VPC appears to be considerably undervalued compared to some of its peers:

CODE, Annualised Revenue, Cash on hand, Market Cap, MC:SaaS Revenue Multiplier

NOR, $240k, $1.2m, $27m, 100x +
KNM, $32k, $0.2m, $57m, 1800x
VPC, $750k (SaaS only), $2.4m, $6m, 4.8x
SP3, $1,555k, $3.3m, 21m, 12x
BIG, $80m, $15m, $685m, 8.4x
CVT, $560k, $4.5m, $30m, 45x

As you can see there are some really crazy looking (I haven't researched specific companies in detail) valuations, for instance, KNM, trading at a MC of $57m, with little cash remaining and only $32knin annualised revenue from the last quarterly: a ~1800x multiplier!

NOR is trading at a multiplier of more than 10", with a MC of $27m but annualised revenues of only $240k, a 100+ multiplier.

CVT is another - MC of $30m from annualised revenue of under $600k.

Thoughts?

Cheers,
TT