SLA 0.00% $3.34 silk laser australia limited

Interesting recent IPO

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    Silk Laser listed in December 2020 at a price of 3.45 $.

    I see at least 3 reasons to be interested by this company :
    - it has just published its first results since listing and has revised upwards its 2021 guidance,
    - the company is among the top 20 holdings of WAM micro-caps,
    - its valuation looks interesting (free cash flow yield above 7 % for FY 21), while the company is showing strong top line growth (+ 47 % like for like) and still has a large potential of development, targeting 150 clinics vs 56 now (5 opened during H1 21).
 
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Currently unlisted public company.

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