RE: The value of Open Orphan7 Oct 2021 12:03
This is a very rapidly expanding company and should be valued like a startup, not a dividend paying company that has been steady for 10 years+. Its a bit ridiclous to use profit instead of revenue for a company that is only just transitioning into the former!
The average revenue multiple for startup valuation is 1x – 5x for startups that are growing very slowly (~10% per year), 6x – 10x for startups that are growing in the lower two digits (30-40% per year), and 10x – 20x for tech startups that are growing in the three digits (300-400% per year).
With revenue forecast at around £50m non covid and potentially double with covid, then everyone can make their own minds up where orph falls in those suggestions.