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
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $13.06M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $10 | 435 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 103307 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 264986 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 103307 | 0.020 |
1 | 688535 | 0.019 |
1 | 345696 | 0.018 |
1 | 1000000 | 0.017 |
1 | 1000000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 264986 | 1 |
0.024 | 265827 | 2 |
0.026 | 220000 | 1 |
0.028 | 1000000 | 1 |
0.030 | 803353 | 3 |
Last trade - 15.24pm 28/08/2024 (20 minute delay) ? |
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