$24m 1H revenue with $1m SaaS - paltry. Valuation on the right is still over $1bn. To be fair value, this needs to have $300-400m($60-70M EBITDA) annual revenue, 3x revenue multiple for an industrial stock? Its simply over valued. At current numbers, its pe ratio and revenue multiple is too high, higher than established, top end software stocks XRO WTC TNE PME etc. given its paltry SaaS revenue, this could fall below $1.00 on this result.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-42
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Last
$1.24 |
Change
0.055(4.66%) |
Mkt cap ! $1.077B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.25 | $1.16 | $13.08M | 10.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5865 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 37064 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |