BIG - Undervalued, page-8

@squeef

That cashflow was for 6 months so annualised it would be 27 times. 27 x $26M. They were also doing $50m per quarter in revenue

BIG for the last 6 months has achieved the same cash flow from operations from way less revenue. This is even before Apple TV, Zeta and increasing our sales force has kicked in

It does highlight just how good a business model this is and how quickly they have monetised it something the market is totally disregarding

FY 19 could be $50-$60M cashflow from operations and using a 27 multiple we get around $1.5B. $8-$10 a share is a good 12 month target

THINK BIG