RE: Great news2 Feb 2022 19:39
Your correct Oct, however states it could be worth up to £10m from what I can see?
I think going forward we'll see contracts of varying sizes. The average seems to be £6-8m, which makes me think the £50m referred to is the revenue guidance.
We've actually got 2 brokers, Arden and Finncap. Finncap forecast £49.6m I think and Arden £55m. Vs the companies forecast of £50m. I'm assuming that the 95% of booked rev is against CFs own guidance of £50m. Which puts us on a forecast PE for 22 of about 17. Seems low to me given the growth and the space we're in.