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13 Posts.
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02/11/21
00:19
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Limeade is down 70% since listing in late 2019, and at only 1.6x ARR is the cheapest HR technology company amongst peers.
The loss of American Airlines ($2m ARR) in late September hurts, but the outlook looks better.
The company has $70m in high margin ARR and a $100m valuation, and hasn't been spending the sales and marketing budget from their IPO.
Is there something I'm missing about Limeade's perception in the market? I wrote more about them in my blog too - https://www.andycrebar.com/p/mopoke-cloud-october-2021
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