Interim financials look great, expecting some even better ones when they release their full year results next week.
The lead broker, Sequoia, recently posted this on the interim figures:XPON added arecord $2.1m in ARR during the quarter with growth continuing to outstrippeers, up 148% YoY, placing it 2nd amongst 25 of the most comparable techsector peers.
XPON is currentlytrading on an EV/ARR multiple of ~4.1x, a 53.6% discount versus the sectoraverage of 6.3x. This implies fair value share price of ~34c vs 22c currentwhile displaying the 2nd fastest YoY growth against its peer group.
I loaded back up again when they hit 20c the other week.
