EBITDA multiple"The company could be on track to generate $500 million in annual revenue by 2025, according to the team’s forecasts. By then, it also expects to hit an EBITDA (earnings before interest, taxes, depreciation, and amortization) margin of 15% and trade at a 15 times EBITDA multiple...
If these targets are met, Quarterhill could be worth $1.1 billion by 2025. Right now, the company is worth just $186 million. Put simply, there’s upside potential of roughly 600%."
https://www.fool.ca/2023/01/10/quarterhill-tsxqtrh-a-deeply-undervalued-tech-stock/
-how to generate $500m annual revenue by 2025? Need to sign more contracts (>$200m/yr) plus additional 5x or more initial contrats value work ETC has so far?
-what is average ebitda multiple for ETC industry? 15 multiple is reasonable for ETC with $500m annual revenue by 2025?