Great time to be in SAAS as well, multiples have never been so high - median multiple is 11x revenue and average multiple is 18x revenue.
K2Fly is obviously still smaller than average , though has a higher growth rate at around 50% p.a. (compared to 25% in that dataset with 11x multiple).
Source: https://medium.com/@sammyabdullah/saas-revenue-multiples-are-unbelievable-871300f6dc01
With $3m in cash, K2Fly's Enterprise Value is around $15m, which suggests to me it's at the very least 50% undervalued.
Perhaps the 4C, or an early trading update, will be the trigger to get us up and out of the current trading range. Very safe buying at these levels I reckon.
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Last
9.0¢ |
Change
-0.003(3.23%) |
Mkt cap ! $16.82M |
Open | High | Low | Value | Volume |
9.2¢ | 9.2¢ | 9.0¢ | $14.49K | 158.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90045 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 17915 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90045 | 0.090 |
1 | 26863 | 0.081 |
1 | 18494 | 0.080 |
1 | 16688 | 0.053 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 17915 | 1 |
0.094 | 55066 | 2 |
0.098 | 156111 | 2 |
0.105 | 10000 | 1 |
0.115 | 137572 | 2 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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