Linked In $45.00 IPO Closed at $93 vs INT $1.40https://online.barrons.com/article/SB50001424052970204038504576329721146359548.html?mod=BOL_twm_fs
The company now has a market value of $8.7 billion, based on 94 million shares outstanding—and that doesn't include another 30 million that may be issued to satisfy options and executive stock grants. The market value is equal to 35 times 2010 revenue of $243 million and almost 550 times 2010 profit of 17 cents a share. Google (GOOG) is valued at five times revenue and 20 times trailing earnings.
LinkedIn's revenue is growing sharply, with sales hitting $94 million in the first quarter, more than double the year-earlier total. It made just two cents in the first quarter and doesn't expect to be profitable this year, as it "invests for future growth."
LinkedIn appears to have a sustainable business model geared toward selling access to its member data to potential employers and advertisers, but its valuation looks steep, at more than 20 times possible 2011 revenues of $400 million.
Potential: short term guestimates on INT sales - 6mths (?)
INT 10,000,000 O4O licences @ $29.95 = $299,500,000
INT 10,000,000 Apple apps @ .99 (?) = $9,900,00
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The upside valuation potential of INT from $1.40 is MASSIVE!
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