RE: Q1 - excellent update9 Apr 2025 07:25
Lol valueplayer who are you? I still believe Audioboom is incredibly good value at the current share price and a prime candidate for a takeover, once the US stock market normalises.
Lets assume revenues this FY are $75m = around £60m
Current market cap = £71m. Cash = $4.1m = £3.3m, so cash free, debt free enterprise value is £68m.
Company is therefore valued on 1.13x sales. I can't even get across how incredibly cheap that is.
The company is newly profitable too and let's assume EBITDA this year is around £4m, so EV/EBITDA = 17x, which isn't horrendous, given that profitability is expected to scale significantly over the next few years.