Jeez, it's trading at 5x sales and 40x ebitda. Right time, right place.
Valued at around 10x that of crowd mobile.
Different businesses yes, but a dollar is a dollar and I believe CM8 is also in the right spot at the right time.
The savvy will also have noticed some of Crowds forward looking R&D.
Animation, graphics, in house video production, AI.
Improvement of content quality, leveraged by quality brands and franchises.
Whilst remaining nimble and without major capex spend like some of its peers.
All focused at leveraging that growing mobile payments network. And we all know the direction mobile "click to purchase" is heading.
