Thanks for this, I tend to agree. The assumption is that current growth rates continue and that they are able to meet their FY20 guidance for 12m arr and break even by FYE20. I'm yet to see why this won't be the case.
EVS is growing fast. I see the SP continuing to trade between a 10-15x + multiple. By end of CY19 we could expect to be around 9m arr (i.e. a SP of c.29c on a 12x multiple - in line with your estimate). By FYE20, with 12m arr, we're looking at c.39c. However, if they do manage to hit their targets then I think the market will be rewarding EVS with a much higher valuation (as the result would be very impressive) and this is where 40c+ kicks in.
Thanks for this, I tend to agree. The assumption is that current...
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Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.3¢ | 8.2¢ | $197.7K | 2.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 136979 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 2788887 | 5 |
View Market Depth
| Last trade - 14.38pm 20/06/2025 (20 minute delay) ? |
| EVS (ASX) Chart |