Its a very good point you make Adredamus. The market is valuing each Afterpay customer at $2,000, yet at last financials, it reported $417million in revenue, with 13 million customers. $32 a customer for the reported half year financial period. Lets be generous and bump that up to $70 for the full year.
Another glaring insight to how over-valued the market has this thing, with the caveat of it being a very good business of course. $2,000 of market value per customer bringing them $70 a year on average. Of course just reflecting of this stock's heavy price to sales valuation.
