There is a lot of growth insight to glean from HS Govtech’s (CSE: HS) recent Q2 earnings.
HS reported a Q2 Total Contract Value (TCV) of $6.05 million, which equates to over 60% of the company’s entire TCV for all of 2021. Leadership also stated its confidence that this sales momentum will continue through Q3.
With the currently accepted SaaS company valuation being 30x sales, HS could be in an extremely undervalued position should it continue to deliver quarterly results like this.
HS.c is currently trading at $.31, valued at $14.21 million.
https://ceo.ca/@newswire/hs-govtech-announces-q2-sales-performance-its-strongest