RE:RE:RE:RE:RE: Check this out ; Well worth it.Thanks for the response. SHOP is 44x Q3 run rate revenue which is the same basis I used for WE. The YoY revenue growth is 96%.
We cannot easily determine YoY growth with WE as they acquired two companies in the period. If we look at quarterly Q2 to Q3 growth we see the digital busines growing 3.9% and the agency business declining about 4.7%. As Foursixty was acquired in Q2 it is hard to do a straight line comparison in the recurring segment. Operating income increase about 1%.
A nice profitable little business but hard to see the comparison to SHOP or justification for the mutliple. Interested in your thoughts though.