RE: About turn up again22 May 2026 12:57
£4m market cap for an AI/data business doing ~£10m annualised revenue with Apple, Visa, Vodafone, Sky Bet and global agency relationships is absurd if they genuinely hit sustained EBITDA positivity.
Most AIM “AI” stocks have the story but no revenues. SBDS has actual global clients, recurring data revenues and now says it’s EBITDA positive and heading cash flow positive.
0.3x sales for a growing adtech/AI platform with proprietary tech and international expansion feels extremely low if execution continues.
If they prove cash generation as management have stated will be the case from Q2, this valuation could rerate very quickly from these levels