Taking a step back, we notice: Historical average EV / Sales...

Taking a step back, we notice:

Historical average EV / Sales multiple: 13.19x

Multiple today: 3.03x

I explain my research on them and 24 other listed Saas small cap companies in this article: https://goforgrowthco.substack.com/p/todays-growth-multiples

If the business continues to grow top line the way it’s going, with market sentiment shift alone, when the market turns, there’s good upside potential here in my opinion.

Investors didn’t like the retraction of the EBITDA positive guidance, but this appears to be simply a push back from the NHS’ procurement strategy rather than structural issue. Will be interesting to watch next quarter considering the commentary made by Kate (which many of you have re-shared)