Price to Sales of Spacetalk shows significant undervalue. With revenue of $17.8m and a market cap of $14m, the company has less than 1 for a P/S ratio. This could be explained with the historic share dumping by Regal, and recent concerns of cash flow. With the recent quarter showing positive cash flow, I wouldn't be surprised to see the share price normalise significantly upwards. There is still lots of growth available via all business channels that Spacetalk are involved in, so a future forecast P/S ratio is even lower.
Comparison with other companies in similar sectors on ASX:
Life360 - 7.7x P/S
Amaysim - 2.2x P/S when sold to Optus for $250m
Others?
Ann: Appendix 4C and Quarterly Activities Report, page-37
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $13.66M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $31.45K | 1.429M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 595002 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 525300 | 3 |
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