Revenue multipleRe: revenue multiple...from Raas analysis report, I appreciate that this is just their opinion but interesting nonetheless.
". Our analysis yielded an adjusted revenue multiple of 23.4x which, when applied to BANXA’s FY20 revenues, delivered an implied peer group valuation of C$155.3m or C$3.82/share. In our view, continued momentum in BANXA’s total payments volume together with the delivery of stable gross margins should underpin its share price in the short to medium term."