UPD have given hard revenue guidance of $US19mln ($A24mln) to...

UPD have given hard revenue guidance of $US19mln ($A24mln) to $US23mln ($A30mln) for CY2018 this morning. Have also reiterated they will be activley selling business products in 5 verticals by year end 2018 from 3 now.
If you use 20 to 30 x revenue as a multiple for early stage valuation of tech companies then at 20x $A30mln the stock justifys its valuation at these prices and is arguably undervalued if the market gains greater confidence in the business model... This may well be a low point in the share price when we look back in 6 months..