Ann: Appendix 4C - quarterly, page-38

just share a bit of my own understanding on how to value high growth SAAS companies.

basically the valuation is: 10 * ARR * Growth Rate * Retention Rate

ARR as at Sep 2020: 7mil (4.93mil / 0.7)

Growth Rate: Q3 2019 update ACV 1.85mil AUD
Q3 2020 update ACV around 7 mil AUD
Growth Rate for 4 QTR: 278%

Retention Rate: I'll just do one quarter, (2.87+2.06)/2.87 = 172%

so M CAP = 10*7*278%*177% = 334mil, so as at yesterday's update, 3DP worth 334mil M Cap to me.
Dont forget 1 year ago we dont have BS on board, and the general market on aware this company last quarter, i expect even much higher groth rate.
of course only my opinion