The trade desk made $600 mill revenue in 2019
Its market cap was over $9 billion in December 2019
Suggesting a multiple of x15
EN1 may make $24 mill in 2020 (was previously on course for $40 mill)
x15 multiple suggests a market cap of $360 mill
Hmmm...
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- Ann: March 2020 Trading Update Q1 Results in 147% YoY Growth
Ann: March 2020 Trading Update Q1 Results in 147% YoY Growth, page-80
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