Good pickup AusToffee, I went back to my table and had a quick look as i was pretty sure the ARR multiple was lower than 4.04.When I've transferred over workbooks i've copied the wrong market cap average for the month of march 20 which then impacted the multiple. Correct data is below.
Quarterly Update
ARR
Organic ARR
Non-Organic ARR
Change in Organic ARR
Market Cap
ARR Multple
1
Q3
Mar-20
55,200,000
42,100,000
13,100,000
2,500,000
154,614,538
2.80
LVT Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held