RE:RE:RE:RE:Trading at 7.5x forward PEYeah even when they were still burning money and needed to issue shares, they did not predict growth with this confidence. This stock reminds me a lot of Agent information software, a provider of library automation software in the US. It had almost no volume and was trading at <1x revenue. They had a bit of growth in revenue, earnings shot up, they uplisted, and stock trippled.
With software stocks you often have little value investors since there are no hard assets and little to no profits, and they trade on revenue multiples. The value investors then catch on when suddenly earnings shoot up when a critical mass in revenue is reached, and operating leverage becomes very apparant. See for example Etsy as well.
If you are into international stocks, Getbusy is an interesting one as well, trading at similar valuation as YOO. They are about to get very profitable this year. And you get a potential competitor to Slack for free thrown in at current valuation.
I guess wait and see with this one.