The pull back on KNO is a great opportunity to top up, let me put this in perspective:
KNO - 170mill shares on issue.
Market Cap - $26mill
Cash on Hand - $5.9mill
EV = ~$20mill
ARR of $5.8mill with the integration of Green Orbit. Total revenue is usually run on around 92% ARR, so total revenue run rate would be around $6.3mill per year.
Currently running on a 3.4 time revenue run rate for a cashflow positive business.
Knosys has redefined its brand essence to “Empowering Smarter Information Connections” in line with its strategy of being a multi solution company. Becoming vertically integrated is a massive plus for shareholders in this space.
Actively seeking “tuck‐in” acquisition opportunities to expand our SaaS solutions which demonstrate either higher ARR growth potential and/or earning accretive. Focus is on those that have relatively low execution risk.
To put this in perspective, 3DP is now on a ARR of US$6.88mill and is trading at a market cap of $515mill+. I agree, their growth prospects are faster, but with revenue run rates exceeding multi million dollars, there needs to be a re-rate of Knosys to something in the order of 50-75million on a 10x revenue run rate.
The average revenue run rate for SaaS companies is sitting around 18-22x which would put KNO around the $0.52-0.66 mark. Ridiculous.
Good luck.
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $8.645M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.0¢ | $23.05K | 557.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 9540 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.041 |
1 | 182266 | 0.040 |
1 | 110791 | 0.039 |
2 | 400000 | 0.038 |
1 | 700000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 9540 | 1 |
0.044 | 475643 | 1 |
0.047 | 100000 | 1 |
0.050 | 150000 | 1 |
0.053 | 55364 | 1 |
Last trade - 15.38pm 16/08/2024 (20 minute delay) ? |
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