Good luck to investors.
This is one very expensive company paying a heavy premium to current figures.
Most important part of prospectus is on page 87.
..growth isn't anything to write home about and COGS needs to stay sub 7% of revenue.
Personally do not believe it is worth 9x revenue with current growth rates.
But one that interests me greatly as U.S roll out will be something worth to keep an eye out. Basically Australian market is a break-even to loss making exercise. Await this float with anticipation.
Airtasker IPO, page-77
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