other contracts being signedWhy do you have to search the french press to get more detail english press doesnt provide? Engligh press get with it.
So doing the rough math base don article below..if you assume should be trading at a 5x on revenue (compared to 50x+ for Shopify)..these UK stores should add ~ $8mx5 = $40m in market cap or about ~ $2/share in market cap..full implementation at Aldi if you extrapolate above (based on 1200/10,000 stores or UK represetns 12% of Aldi) would be $8m/0.12x5 (rev x) = $333m/22m shares o/s ~ $15/share pop so we'd be just shy of $30/share..then add all the other agreements incl those mentioned below/others already announced (NHS) ..and we should be targeting north of $50 by end of next year or $100/share if we can boost revenue multiple to a 10x..
excerpt from Les Affaires https://www.lesaffaires.com/bourse/analyses-de-titres/a-surveiller--mdf-commerce-netflix-et-storage-vault/621993
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By the start of fiscal 2023, this agreement is expected to generate $ 8 million per year, believes Nick Agostino. The structural costs will depend on the number of transactions on the platform and the number of subscriptions. Mdf commerce has already started collecting membership fees for this agreement signed in the spring, which was reflected in the results of its second quarter of fiscal 2021 unveiled on November 11, 2020. If all goes well, the management of the Longueuil-based company hopes to extend the distribution of this service to all of the 10,000 establishments of the Aldi group, located in around 40 countries and which generate revenues of around 80 billion. of US dollars.
Mdf Commerce has other growth opportunities on the horizon. Management points out that discussions are already underway with large international chains. The analyst emphasizes that Empire also wants to increase its digital service by implementing this solution in Quebec, Calgary and Ottawa.