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
- Forums
- ASX - By Stock
- KNO
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KNO (ASX) to my watchlist
|
|||||
Last
3.6¢ |
Change
-0.004(10.0%) |
Mkt cap ! $7.780M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.6¢ | $36.72K | 984.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 225758 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 40842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 225758 | 0.036 |
1 | 50000 | 0.035 |
1 | 700000 | 0.034 |
1 | 17187 | 0.032 |
1 | 120000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 40842 | 1 |
0.042 | 4922 | 1 |
0.044 | 220000 | 1 |
0.045 | 50000 | 1 |
0.050 | 150000 | 1 |
Last trade - 15.40pm 30/08/2024 (20 minute delay) ? |
Featured News
KNO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online