if you are valued at ~11-12 times revenues and ~9-10 times ARR why wouldn't you hover up anything below that price
arguably if you pick up adjacent companies which help you technology stack and/or you can cross sell your software to, there are benefits over the long term......lets hope they are doing this rather than just buying ARR/Revenues at elevated prices....because if you are doing the latter, at some stage this 'growth' strategy will stop working
if you are valued at ~11-12 times revenues and ~9-10 times ARR...
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12.0¢ |
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Mkt cap ! $98.60M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 221849 | 11 |
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