It's on the expensive end if you're just looking at sales
But take into account the growth rate, cashflow breakeven, they own the IP, c.+60% PCP sales growth in just Australia with expansion beginning.
Yes, it's expensive on paper but there's little need for capital raising (though I think they will still raise at some point) which only leaves on-market buying if you're an institution or fund, with more than 1 years vision, wanting a piece
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Price($) | Vol. | No. |
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