SDV 3.66% 42.5¢ scidev ltd

I look at this business as- Cash break even - $14m in the bank-...

  1. 36 Posts.
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    I look at this business as
    - Cash break even
    - $14m in the bank
    - $55m revenue
    - expect to grow at 30% revenue per year
    Trading at net cash + 0.9x trailing revenue ($63m Market Cap). This seems really cheap to me for a growth business in a market that has big tail winds.

    If they manage in FY23 $80m revenue and $5m PBT (which look very possible based on Q4) + start managing Investor Relations properly I think this could be valued at multiples of current share price.

 
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