Member Info for MikeyB55

Thanks for the insights on this. Clearly true belief in the company and the team.
For me, I'm only an investor. I Look at the revenues, growth and momentum and the share price. And the potential. Looking at the fundamentals, this company needs to be generating £7m in high quality recurring revenue to have this level of valuation and there is a long way to go to get there and probably needs a price correction back to about £16-£20m. So I will pass on this one. Good luck though, hope it all works out.

I've looked at the RNS, but can't find anything that would justify a market cap for BIRD at 69x revenue. What am I missing? Someone on this board talked about looking at the fundamentals - could be helpful to share their analysis. Most high growth companies (100% year-on-year) would get possibly 12x revenue, but it seen anything like this, so there must be something I've missed. Is it the TATA deal?

I'm new on this board. Bird seems an interesting company and they have an outstanding share price. Can anyone explain to me how the valuation works here. Their revenue for 2019 is £1.08m and the market cap is £69m. Have they grown their revenue this year to £7m. Cant seem to find this information anywhere. Thanks for the help