Forget Life360: Online safety group Qoria is backed as the ASX's next big winnerBen Richards, a Co-Portfolio Manager at Seneca'sAustralian Small Companies Fund, says fast-growing software companies tipping into profitability will typically trade on an average of 7x enterprise value to sales, suggesting Qoria is still good value.
"Retrospectively, the best time to buy Life360 was in 2023, when its profitability began to accompany strong growth and the market re-rated it from 2x EV/Sales to 10x. We see Qoria following a similar path, having kicked off its own upgrade cycle at the end of 2023, with the multiple already expanding from 2x to 4.6x," Richards told Livewire.
More here: https://www.livewiremarkets.com/wires/forget-life360-online-safety-group-qoria-is-backed-as-the-asx-s-next-big-winner
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Last
56.5¢ |
Change
-0.010(1.74%) |
Mkt cap ! $753.5M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.5¢ | 54.8¢ | $3.037M | 5.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 156789 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 110182 | 1 |
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| Last trade - 16.11pm 29/07/2025 (20 minute delay) ? |
| QOR (ASX) Chart |