DSE 0.00% $2.77 dropsuite limited

Valuation over the next 3 years

  1. 15 Posts.
    There has been much talk about the $1 party and given DSE has been a steady performer it should be fairly straightforward to project out the valuations.

    SaaS businesses have historically traded 8-10x revenue multiple.

    Therefore current share price should be around:

    $17mil revenue *10x revenue multiple = $170mil
    $20mil in cash
    Market cap: $190mil
    Share price: $0.28

    Using DSE average 14% quarterly revenue growth the DSE should have revenue of $81mil revenue by April 2025.

    This would leave the share price at above $1 based on 8x revenue model.

    All this information is publicly available and fairly straightforward to work out. I hope this creates more debate around the stock.
 
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$2.77
Change
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Mkt cap ! $193.5M
Open High Low Value Volume
$2.74 $2.78 $2.62 $52.50K 19.04K

Buyers (Bids)

No. Vol. Price($)
1 10000 $2.57
 

Sellers (Offers)

Price($) Vol. No.
$2.78 708 1
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