Simple story : it is now valued 167 m $ (less than 160 m$ if you include net cash) and they aim for 60 m$ of EBITDA in FY 29.
So, it looks very cheap if you believe this target.
It is just that they are now only doing 4 m$ of EBITDA.
So, it is all about your conviction in their target.
Their business (captioning mainly for broadcasters) is also quite interesting to study.
- Forums
- Lounge
- Fund managers