PE uses 'earnings' not 'revenue'. So as Matt48 said, the SAAS business needs to be profitable for us to have a PE at all. That will come, and the share price will rise. I think the team has built a world-class product and a sensible sales network. I'm expecting strong growth from this point on, so I'm hoping that the share price growth will also be strong, especially with our solid cash backing. I won't put a number to where the share price should be at this stage or even in 12 months, suffice to say that I'd expect both numbers to be much higher than we're seeing now. The stock is ludicrously cheap.
EVS Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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