SDV 1.64% 60.0¢ scidev ltd

Ann: Quarterly Report and Appendix 4C, page-6

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  1. 260 Posts.
    lightbulb Created with Sketch. 60
    I last held SDV in January 2021 and haven't followed closely since, but having a relook after these results.
    Looks very tempting if we annualise underlying ebitda to $8m with only. $42m EV, and assume growth will continue to accelerate post border closures. Is that realistic - ie
    1. How much of their revenue is recurring?
    2. How strong is their moat in key divisions?
    I'd really appreciate any comment from members on those key points.
 
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