Based on prospectus valuation to revenue is 49x. It seems high valuation. thedocyard has already spent heavily on marketing and sales but revenue is still below 600k. Unless deal size of new client is disclosed it does not seem to be a good buy.
IPO - thedocyard Limited, page-3
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)