'I don't see how the current low valuation on FLN will be sustained.'
$UPWK has a Mkt cap of ~ USD 2 billion (cob 11/10 - a 'red' day). Revenue: USD 229m (IPO filing).
Fiverr reportedly eyeing USD 1 billion IPO (August 2018 MSM). Revenue: USD 13.6m (Owler.com).
Even at say A$ 1 ps, $FLN would represent a Mkt Cap of ~ USD 300 million; this approximates $UPWK's current Mkt Cap: Revenue multiple.
As $UPWK is now listed, it has the option of making a scrip bid for $FLN if it chooses to grow through acquisitions. The same could be said of Fiverr assuming it IPOs.
$FLN could also be a target for traditional recruitment firms seeking to enter the freelance market as was the case with the USD 400 million Recruit Co bid.
Not to downplay Escrow.com which Matt Barrie recently described as "the next Paypal or Stripe".
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'I don't see how the current low valuation on FLN will be...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.41M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25151 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 22253 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25151 | 0.180 |
2 | 61317 | 0.170 |
1 | 10000 | 0.165 |
2 | 17181 | 0.160 |
1 | 33901 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 22253 | 1 |
0.190 | 16000 | 1 |
0.200 | 12351 | 1 |
0.205 | 16026 | 2 |
0.210 | 21810 | 1 |
Last trade - 10.02am 04/09/2024 (20 minute delay) ? |
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