RE: Next Weeks - Investor Event11 Aug 2021 13:04
Afternoon ted.
I was literally about to post a very similar comparison to yourgene .
Who are a £92 million market cap company and whose shares are around the 14 pence mark right now .
They are making fractions of what we are .
We are totally undervalued .
Their shares trade at an e/v sales multiple of around 3.8.
Singer Capital Markets - HeadlineToday 08:46
Yourgene has made a strong start to FY22, benefitting from the investments made in FY21. Q1 revenues are up 80% to >£6.0m, a record performance, driven by a return of the core business (+30%) and renewed momentum around Covid-19 testing. Delays to mobilising new clients are easing and Yourgene has signed a number of notable contracts in recent months with blue chip partners. These should contribute materially in time, providing a strong underpinning for a multi-year growth story. We leave our forecasts unchanged. The shares trade on an FY22 EV/Sales multiple of 3.8x, falling to 3.3x in FY23 based entirely on the core business.