Ann: EVS FY2021 Full Year Results, page-32

Not far now, getting there. The fundamental metrics on this company, including the near $50m of revenue which grew 100% last year and gross margin of 37% will comfortably support a $250-300m valuation, which would put it at around 20c/share. This is simply taking it back to the sort of trading range it was only a year ago, but with a business twice its size.

With new products adding to blue sky valuation I wouldn't hesitate to predict a 30-40c price, but as it currently stands today a 20c is very well justified.

Just my opinion, do your own research.