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$1.07 southern cross payments ltd

Flykk Money, page-892

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benny211167

1,224 Posts.

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24/07/24

16:49

Post #: 74897898
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Originally posted by gregbris: ↑

let's correct those figures shall we ...

in 2017 revenue was 1.3 million
in 2018 revenue was 6 million (p24)
it had a multiplier of approx 200 - obviously because of the growth it was going through.
now at that value that 'multiplier' would be under 2.
so would have been a horrible investment?

Valuation figures are calculated more on total revenue ... not profit.

but thanks for reminding us that ISX has been profitable for five odd years.

and in that 5 years they went from a EBITA per year of 10 million AUD ish to approx 50 million euro EBITA which is about 80 million aud.
800% growth in 5 years... or 160% pa.

Any questions?

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You do realise I’m stating these examples to support a higher listing price? Looking at peer company P/E ratios is a very important justification metric. I agree revenue growth is a good metric for valuation, it’s one of various models used to come up with a share price.

SP1 Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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