A lot of blue sky there but no actual evidence that they have the capability to achieve these results yet, but the market is pricing a fair amount of success at the moment. Not saying they won't but lets see them achieve 40 units first giving them just $2.7m in revenue. I just think its way too expensive, but that is my opinion.
To give you a comparison SCL, which provides a placement platform for the International School Recruitment market has recurring revenues of $4.5m disrupting an existing placement market of $2 Billion and growing revenues at over 50% and has a market cap of around $20m. They also have a leading market position and are already break even with other add on products scaling revenues further. By comparison KTG just seems excessively over valued and SCL undervalued. I know they are totally different industries but just comparing recurring revenue models.
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Last
$1.80 |
Change
0.080(4.65%) |
Mkt cap ! $188.0M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.90 | $1.75 | $935.3K | 516.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 85494 | 1 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MPW (ASX) Chart |