I agree the recent growth in the share price of Prophecy has been phenomenal. However, I believe it has been justified given the rapidly growing nature of the SaaS business that emite is in alone. I believe there is a lot further to go.
Valuing SaaS-based companies, by traditional metrics, is hard. However, the value of comparable companies is considerably more more than the 10X ARR of emite that Prophecy is currently valued at. For example, Dubber is an ASX-listed SaaS company that is valued at $1 billion. That is approximately 22 x ARR reported for the last year. Other SaaS companies in the exponential phase of their growth have been valued at 30X or 40X ARR. Do you own research but I believe the growth in Prophecy has a long way to go.
- Forums
- ASX - By Stock
- PRO
- Ann: Change in substantial holding
Ann: Change in substantial holding, page-9
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
63.0¢ |
Change
-0.020(3.08%) |
Mkt cap ! $46.38M |
Open | High | Low | Value | Volume |
63.0¢ | 63.0¢ | 63.0¢ | $8.341K | 13.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13488 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 1110 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13488 | 0.630 |
2 | 6445 | 0.620 |
2 | 22363 | 0.605 |
4 | 20325 | 0.600 |
1 | 4000 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 1110 | 1 |
0.655 | 15267 | 1 |
0.660 | 582 | 1 |
0.680 | 4981 | 2 |
0.745 | 1351 | 1 |
Last trade - 15.01pm 18/10/2024 (20 minute delay) ? |
Featured News
PRO (ASX) Chart |