Cash looks good, but benefited by an early customer receipt in 2024 vs 2023. The R&D is to be received latter in 2024, but overall the $4.2M cash balance probably is generous to the tune of $800K.
The company has 216.2m share on issue, and at 4c trades at $8.65M market cap, with $4.2 million cash giving an Enterprise value of $4.5M. This enterprise value for 100% of KNO is not much more than an expensive house in Sydney. The company trades at 0.47X enterprise value/ARR and 0.55X enterprise value / gross profit. <1X EV/sales is historically an attractive revenue multiple for buying any software company. KNO is however an itsy bitsy subscale software nanocap. No growth for 3 years and 2024 tax loss selling largely explains the lowly value being ascribed by the market.The short term potential opportunity is a re-rate to 1.0X EV/Sales = 6.3 c = +57% sp gain. The medium term potential opportunity is a re-rate to 1.5X EV/Sales = 8.5 c = +112% sp gain
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Last
4.8¢ |
Change
0.010(26.3%) |
Mkt cap ! $10.37M |
Open | High | Low | Value | Volume |
4.4¢ | 5.4¢ | 4.4¢ | $155.4K | 3.168M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 220000 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 27776 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 220000 | 0.047 |
1 | 63396 | 0.046 |
1 | 263550 | 0.045 |
3 | 280000 | 0.044 |
1 | 350000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 27776 | 1 |
0.050 | 65457 | 1 |
0.051 | 80000 | 1 |
0.052 | 205714 | 1 |
0.054 | 100000 | 1 |
Last trade - 13.39pm 26/07/2024 (20 minute delay) ? |
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KNO (ASX) Chart |