Originally Posted by
silverblizzard888
A strong FY24 guidance would certainly get things going, looking at Serko's performance today $48 million revenue with $30 million loss, but their guidance to get to $63- $70 million has the market enthused. They are trading on a revenue multiple of 7 with a $337 million market cap, of course their growth is much higher, but those losses are huge compared to what they bring in for revenue and no profit in sight.
With $28 million in the bank, an acquisition would make sense to give the growth factor a jump.
Market technically has already factored in a small profit or break-even, even a small loss.
It would have to be a massive international customer with a big roll out to get the market going on a new customer.