Hi Alex999 you do know your comment of 10-20x value growth here implies a market capitalisation range of 8 to 16 billion? Do you seriously think thats a possibility? You do know thats multiples of the current value of richly valued aussie listed tech juggernauts like Altium (ALU). Also the $5.1M in bookings sounds good but what does that mean for actual earnings? I am assuming that figure is the value of transactions that were facilitated via the platform. Lets be very generous and assume that UPD takes a 10% clip of those transactions? On those assumptions that means revenue of only $500k. Based on this quarterly, the company has built an annualized cost base of nearly $33M USD. They better get a serious wriggle on growing revenues...
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