VMT is currently doing ~100% pcp growth... with Q3 and Q4 being bigger quarters in FY19... ie there is upside to this analysis.
I built a simple model giving them 75% sales growth (15% qoq) through to FY23, which is them taking a little market share off niu and then growing with the market. It puts them on a 2x EBITDA multiple in FY23.. a company growing this fast should really be on a 15-20x multiple two years out... Kogan is on 30x FY22... this implies a Disallowed at a 20x multiple even with conservative growth...
Price, page-14
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Last
12.5¢ |
Change
-0.015(10.7%) |
Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $684 | 5.469K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18994 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 773188 | 6 |
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| Last trade - 15.19pm 23/08/2024 (20 minute delay) ? |
| VMT (ASX) Chart |