HFY 0.00% 1.0¢ hubify limited

Ann: HFY FY23 Results and Cybify launch, page-2

  1. 523 Posts.
    lightbulb Created with Sketch. 217
    So $5.6m of cash on the balance sheet

    Another $1.2m stake in Internet 2.0 (that at the latest valuation is more like $3m)

    Nearly 70% of the market cap covered in cash and securities...ever heard of Benjamin Franklin (Buffet's mentor)? This is a true one in a million bargain available to all.

    Let's just deduct the cash on balance sheet to get an Hubify Enterprise Value of $4.4m

    So currently trading at 1x EBITDA and just 0.4x revenue

    Soon time for the board to start a share buy back...don't go crazy...just $2m, or 20% of the company.

    Maybe make it a tender off at a 30% premium to VWAP and get rid of some of the lame duck shareholders


 
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