I just noticed the market cap for NUIX at the end of today's trade is now $2.9 billion. That's on an expectation that NUIX will report an annual revenue of $193.5m for FY2021 (see media reports).
Our TNT has a current revenue run-rate of $110m and a forecast run-rate of $150m by the end of FY2021. Let's say TNT might achieve $110m revenue for FY2021. That would be half of NUIX's expected revenue for FY2021. But our current MC (~$310m) is only around 10% of NUIX's MC !
Either NUIX is enjoying a fantastically inflated valuation, or TNT is massively undervalued !
All IMHO, DYOR
TNT Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held