DSE 0.74% $2.74 dropsuite limited

There has been much talk about the $1 party and given DSE has...

  1. 15 Posts.
    There has been much talk about the $1 party and given DSE has been a steady performer it should be fairly straightforward to project out the valuations.

    SaaS businesses have historically traded 8-10x revenue multiple.

    Therefore current share price should be around:

    $17mil revenue *10x revenue multiple = $170mil
    $20mil in cash
    Market cap: $190mil
    Share price: $0.28

    Using DSE average 14% quarterly revenue growth the DSE should have revenue of $81mil revenue by April 2025.

    This would leave the share price at above $1 based on 8x revenue model.

    All this information is publicly available and fairly straightforward to work out. I hope this creates more debate around the stock.
 
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Last
$2.74
Change
0.020(0.74%)
Mkt cap ! $191.4M
Open High Low Value Volume
$2.76 $2.76 $2.73 $11.09K 4.048K

Buyers (Bids)

No. Vol. Price($)
2 627 $2.71
 

Sellers (Offers)

Price($) Vol. No.
$2.77 1092 3
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Last trade - 11.22am 27/06/2024 (20 minute delay) ?
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