Hi @tonyzhang,
"Agreed, what are some predictions you have for this upcoming quarter? big admirer of ur analysis"
I believe we will see more of the same in Q2-FY21. In other words, I think the strong RBL growth trajectory will continue. In Q1-FY21, the company produced circa $65M in gross profit and circa $26M in EBITDA. The company is starting to print cash now that it is demonstrating strong operating leverage as the platform hits scale. I can foresee another quarter of circa $65M-75M in gross profit and circa $25M-35M in gross profit coming up for Q2-FY21.
By the end of FY21, the company could quite foreseeably be above $120M in TTM EBITDA. On the current share price for a market cap of $1.2B and considering the healthy (and growing) cash balance, that would be circa 9x EV/EBITDA -- that is way too cheap for a fast-growing e-commerce stock.
I don't think we will see prices below $6 for much longer. Once Q2-FY21 results confirm the trend (end of Jan 2021 release), I expect to see the share price moving up to around $7-8 per share.
T.E.P.
- Forums
- ASX - By Stock
- ATG
- Attaining a $10B+ valuation (RedBubble v Etsy)
Attaining a $10B+ valuation (RedBubble v Etsy), page-20
-
- There are more pages in this discussion • 7 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 ATG (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.3M |
Open | High | Low | Value | Volume |
37.5¢ | 40.0¢ | 37.5¢ | $25.61K | 67.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7040 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 2650 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7040 | 0.380 |
1 | 8000 | 0.375 |
3 | 75008 | 0.370 |
2 | 2492 | 0.365 |
1 | 375 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 2650 | 1 |
0.400 | 83323 | 6 |
0.405 | 150 | 1 |
0.410 | 125190 | 3 |
0.415 | 8863 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
Featured News
ATG (ASX) Chart |