GLTAH - suggest now isn't the time to have paperhands.Below is a very crude calculation of the the theoretical valuation of LVT ranging FY16-current. Noting a current discount of 82% to what the formula indicates.Taken from : Quantifying the SaaS Valuation Growth Rate Multiplier – David Cummings on Startups***Inherent assumption in here is that gross margins are in the 70% – 80% range, renewal rates are in the 80% – 90% range, and that there’s nothing else abnormal about the business from a SaaS perspective, here’s the proposed formula:Valuation = (2*ARR) + (ARR*(1+(GRM*GR)))ARR = Annual Recurring RevenueGRM = Growth Rate Multiplier = 2.5GR = Growth Rate
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint