London, UK, 29 November 2022
Vection Technologies (VR1): Enterprise-grade metaverse
Vection Technologies (ASX:VR1) is an Australia-based company that operates in the field
of extended reality (XR). Through its immersive solutions suite, IntegratedXR, Vection
Technologies provides the foundation that clients need to engage with the metaverse, and
focuses on completely integrating client systems, operations and technologies. We see the
company building on its recent growth (FY22 revenue up more than 440% over FY21) and
growing FY23 sales to AUSD26.1m, driven by Vection Technologies' entry into new
verticals, geographic expansion and several recent acquisitions. FY23 could mark an
inflection point for the company and we will be watching the XR space closely.
Vection Technologies trades at 1.9x FY23e EV/revenue, a 63% discount to its small-cap
peers.
Using the average small-cap peer multiple of 5.1x implies a share price of
AUSD0.13 or c 150% upside. At the overall peer average of 7.2x, it would reach AUSD0.18
or more than three times its current price. Achievement of our forecasted 38% FY23
revenue growth and successful execution of its strategic plan could lead its shares to
trade at a premium to its more mature peers. Click here to view the full report or here
to sign up to receive research as it is published.
All reports published by Edison are available to download free of charge from its
website
www.edisongroup.com
- Forums
- ASX - By Stock
- VR1
- VR1 18c Valuation
VR1 18c Valuation
-
-
- There are more pages in this discussion • 217 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.61M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $1.525K | 190.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 644648 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4530635 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 644648 | 0.008 |
24 | 4062263 | 0.007 |
8 | 2615000 | 0.006 |
5 | 3620000 | 0.005 |
6 | 3250000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4530635 | 11 |
0.010 | 7629052 | 7 |
0.011 | 5355108 | 11 |
0.012 | 1811124 | 5 |
0.013 | 1401923 | 5 |
Last trade - 15.38pm 17/09/2024 (20 minute delay) ? |
Featured News
VR1 (ASX) Chart |