OTCQB:HDSLF - Post by User
Comment by
freedom45on Sep 23, 2020 10:17am
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Post# 31603579
RE:RE:HealthSpace Announces Adoption of Shareholder Rights Plan
RE:RE:HealthSpace Announces Adoption of Shareholder Rights PlanFrom Seeking Alpha Sept. 2020 .
Valuation
The company’s goal is to reach $ 10 million SAAS annual reoccurring revenue (ARR) in the next 12 to 18 months. Most SaaS are valued at 10 times sale. That would put the company value at $100 million. Lets assume the current Enterprise Value (EV) is equal to the market cap of $13.6 million, cash and debt net to zero. This implies an upside of 7X.
Conclusion
This is a company predicting triple digit growth for the next 2 to 3 years with a break even cash flow for the current quarter, April 2020. It was recently listed in the US and most US investors are not aware of this stock, and has already raised the cash to fund future growth. I have never seen a SAAS company with triple digit growth prospects and breakeven cash flow priced like this