ELO 0.00% $4.83 elmo software limited

God, this company paid 58m for a company that makes 7.9m in rev...

  1. 257 Posts.
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    God, this company paid 58m for a company that makes 7.9m in rev and has no profit after EBITDA.

    Who approved this.

    The only winner here is the person who got acquired.

    Elmo has spent over 100m in acquisitions to generate a further 12m in ARR.... there is legit a chimp in charge of acquisitions.....

    How this is valued at 450m is beyond me.
 
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