ICQ icar asia limited
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Ann: iCar Asia reaches EBITDA breakeven in November 2019, page-7

  1. TradieToTrader
    354 Posts.
    lightbulb Created with Sketch. 95
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    05/12/19
    12:16
    Post #: 41810254
    Yes Micmacca looks like they paid ~12x revenues for the Korean business, assuming ICQ does 21m revenues in 2020 (14m revenue this year + 50% annual growth guided) that equates to ~A$250m market cap or A$0.60 share.
    ICQ Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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