Originally Posted by
blobbles
The comparison to Bellamy's is interesting. Probably very similar yes...
ASX.BAL = 95m shares @2.89 = ~275m MCAP. This is based on 141% current growth rate and $116m revenue (they have a small profit but like ATM are investing for growth). Current revenue multiple = 2.37
ATM = 660m shares @55c = ~363m MCAP. 38% current growth rate on $154m revenue. Current revenue multiple = 2.36
Interesting how the two align so closely in terms of revenue multiple, me thinks that's not just luck. Arguably ATM has the greater market oppourtunity supplying "standard" milk rather than organic, which would account for negligible difference regarding growth rates.