Valuable incite, thanks @Scott321!
Primary Markets operate in a nice little market niche, a good acquisition IMO. Both being founder led companies is a massive positive, 32% held by management and founders is massive for a micro cap, couple that with no debt, and slow cash burn, a lot to like. The PM acquisition gives a massive boost to revenue, will be interesting to see the increase in staff costs, though one would assume to be negligible IF PM are turning a profit, and seem to be a stable company.
Combined entity has revenue ~A$3.6M (ex R&D) so with A$25M market cap they are trading on a 7x multiple, or 5.1x including the R&D.
Future really hedges on the ability for Complii to continue to grow clients, growth is currently around 6% QoQ (26% YoY), really need to see some momentum on this front IF CF1 are to grow into profitability. Won't demand a 10x SaaS rev market cap unless it can prove consistent high growth, but it is very early days only 12mnths in the game since relisting.
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $10.22M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $12.85K | 714.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 455252 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1652006 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 455252 | 0.018 |
3 | 1252000 | 0.017 |
1 | 1000000 | 0.016 |
2 | 765199 | 0.014 |
1 | 150000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1652006 | 3 |
0.021 | 25000 | 1 |
0.023 | 950000 | 1 |
0.060 | 17225 | 1 |
0.062 | 85000 | 1 |
Last trade - 10.25am 14/06/2024 (20 minute delay) ? |
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