“According to a WSJ article sourcing Jay Ritter, the median revenue multiple for a US tech company on its first day post-IPO in 2020 was 23.9x versus a typical 6x for most ofthe period post the Nasdaq bubble from 2001-2019.” (NBR Margin Call 13/1/21)
Rakon Revenue for year end 31/3/2021say 120m
Rakon market cap @ 75cps $171m
Rakon current revenue multiple 1.4 times
Just saying
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