wildly varies. Afterpay has recently stretched over a *50 multiple, zip tracks along at 20*. There appears to be an inflation factor for the bigger players. Laybuy’s current multiple makes me think the market is asleep at the wheel.
Laybuy should comfortably hit ARR of $25m with the next couple of months. Which would peg it just over a 10* multiple. Looks incredibly cheap.
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