Valuation comparisons10 Aug 2021 21:39
Similar companies to Yooma are currently trading on EV/Revenue ratios of about 9 (taking the average of 10 companies quoted in the investor presentation). If we assume Yooma does $17 million of revenue for 2021 and $32 million for 2022 then we can assume a fair enterprise value for Yooma is $153 million for 2021 and $288 million for 2022, so considerably undervalued compared to its peers.
It's interesting that 'Love Hemp Group plc' which of all the comparative companies is the only one listed on the AQSE, had an EV/Revenue ratio far higher than those listed on other exchanges, with a massive ratio of 19.5 (back in June). If we apply the same ratio to Yooma - that would imply a market cap in 2022 of $624 million. Seed's stake would be worth about $30 million!