20x what? Look at it compared to offshore comparable and it looks cheap.
no growth? Pet ownership has gone through the roof during covid. What do you think happens when everyone goes back to work? Or travel opens up and everyone goes on holidays? They go hire people to look after their pets.
there is also huge growth from the verticals. Like pre made pet meal deliveries (think Marley spoon for pets) as well as pet insurance, pet health etc.
this is at the point of acquiring users and cementing its place as the #1 player in the pet platform space. It’s not at the point of monetising and printing NPAT.
was 5x overs without even being shown to the public. Bombora a major backer.
