This is around $600-650m market cap at $40m GMV ($20m GMV Kaddy...

This is around $600-650m market cap at $40m GMV ($20m GMV Kaddy + $20m DW8&Partons) I assume which puts it around a PE of 15 making it fairly valued.

We are currently sitting at a PE of 42 which shows how the fair value is decent if we hit these current numbers.

Now I’m just trying to do some quick math here so please tell me if I’m wrong and I apologise knowing you have done the math further up but I just am seeing if I can get right lol

so please tell me if I’m wrong but GMV is the cost of goods traded which will account to revenue but keep in mind that where we are making our money is through trading fees, sale commission, monthly subscription, liquidity fees and logistics.


We did around 255k cases in total last year (I just added all the cases on average together from the last company update graph) which equated to a revenue of $2.6M? Is this to say we are doing a 1:10 ratio (cases:revenue)?

So will we need 4m cases to hit 40m in revenue?