Originally Posted by
usenet
that the life of tech startup and ramp up by the time it becomes the cash cow positive river, the share has already rocket like xero, pro medicus etc...investing in tech stock required a different mindset.
for comparison canvas latest number
revenue 1.7bn valuation is 25bn (15 times revenue) and they are not profitable and they run close to Serko time line of cash flow positive
Serko revenue let say 70m on market cap of 500m is 6-7 times revenue, move to FY25 100m it becomes 5 times revenue
Serko is relatively cheap compared to most tech startup