math games, page-3

Thanks for this approach 3500, hadn't thought of running this calc myself.

This realy is key, how much of that 5.2 million is recurring quarterly revenue, and how much is downpayment for 6/12/24 months.

In this day and age I find it ridiculous that in a few pages of numbers we can be in complete darkness about this.

The answer to this question can affect the current valuation substantially

With the whole 5.2 recurring including outgoings not incl ny cust growth, the annual multiple is probably around 8 - 10.

With only say 1.5 to 2 mil recurring, cashflow would be negative next quarter, which seems to be reflected in Wilsons numbers.