I explain my research on them and 24 other listed Saas small cap companies in this article: https://goforgrowthco.substack.com/p/todays-growth-multiples
If the business continues to grow top line the way it’s going, with market sentiment shift alone, when the market turns, there’s upside potential here on valuation alone in my opinion. Having said this, I also think previous valuations this high were unwarranted.
Will be interesting to see full year results in 2 days
VHT Price at posting:
72.0¢ Sentiment: Hold Disclosure: Held