Yes I like it too. SaaS companies can be hard to value and time...

Yes I like it too. SaaS companies can be hard to value and time such to minimise risk and not overpay, so I need every bit of data I can get. I hope everyone isn't getting sick of me posting but now someone's shown a tidbit of interest I'll share the data so anyone interested can keep track as well. I think posting it is a good reminder to those who aren't really up to date with the fundamentals and are worried about lack of sp movement. Maybe I'll selfproclaim the position of posting the graph after each update.

All of the data can be found from just investor presentations and manipulating the other data. I am studying finance and have an interest in data science so love any opportunity to make data help me in any way.

I also found an interesting regression to predict a SaaS companies revenue multiple (RM=4.9(LTM Growth %) + 21.2(NTM Growth %) + 4.4(EBITDA Margin %) + 4.7(Gross Margin %) + 0.142(Market Cap, AUD in Billions) - 2.5
Where LTM is last twelve months and ntm is next twelve months - subjective. All is really affirms is that SaaS companies are mostly valued on growth (hence the largest coefficient for NTM growth) and place less value on EBITDA margin. This dataset was trained on much larger market cap companies so take it with a grain of salt, especially considering that when you take into account managements projection to reach $100M by 2021 you get a forward growth rate of about 180% a year, resulting in LVT fitting to have a RIDICULOUS multiple of 46x ARR which would be very nice... Its because LVT is smaller in MC than the companies the model was trained on so has much higher growth naturally - interestingly despite it being mostly a US dataset they included Xero and noted it as a big outlier at almost twice the multiple they predicted. Regardless, LVT is still trading on a relatively low multiple given its astonishing growth regardless of MC as well as pretty established inflection point which can clearly be seen in the graph i showed a few comments previously as the grey line. Big belief that half yearly backs this up further. Source for the regression formula: seekingalpha.com/article/3981986-saas-investors-mind-valuation-gap-growth-price

Also a cheeky matrix of possible (and quite unrealistic for upper bounds but a man can dream) SP's given different revenue multiples and ARR's. Will change as shares are diluted etc but still fun and inspires me to keep accumulating at this bargain price. We are currently around the lower end of both variables for now:

GLTAH and I will stop posting so frequently, this last week has been exams so naturally I want to spend time looking at LVT.