AFY 0.00% $2.74 afterpay holdings limited

OK, so the market cap is over $400m. Annualised revenue is $24m....

  1. 360 Posts.
    OK, so the market cap is over $400m. Annualised revenue is $24m. Profit is ?

    Let's use a market cap of $400m. I can invest that in the bank with effectively no risk and achieve a 4% return. That's $16m profit per year. The company is miles away from achieving this. Quite how far I don't know because they haven't actually made a profit yet.

    Those that think naysayers are off the mark need to consider how much risk is involved with this investment.

    It looks like they've got a good product (which is what has attracted me to AFY), but an investment at current levels already has a phenomenal amount of growth priced in. And with that comes a huge amount of risk.

    Please consider this before blindly waving away people with negative views.
 
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Currently unlisted public company.

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