Assuming revenue begins to track closer to ACV, rev growth is above 30% and margins remain high I could see this trading on as high as 50 times ACV which is a market cap about 10 times what is is now ($3.4 billion) and on the low end I would expect it to trade on at least 20 times ACV ($1.36 billion) if things continue to look promising. If they achieve $50m ACV in the next 5 years this should be a good investment.
Ann: Corporate Presentation - ASX Small & Mid-Cap Conference, page-94
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
