RE:2023
Zach45895 wrote: I thought it would be fun to get some predictions outside of the norm. Everybody talks about 6 months to a year out (rightfully so) but I love this sector as a whole as much as I love Acuity. I'm in for the LONG haul - so my question is where do you guys see Acuity in a couple years? I sincerely would not be surprised to see $100 a share by then - potentially higher with excellent execution. Anybody not planning on holding that long? Good luck everyone!
Management has provided future targets without a date but I believe the following can be achieved. 200 million in revenue and 40-50 million in ebitda as provided on their investor presentation.
revenue
2021. $130m
2022. $162m
2023 $200m +
The Trade Desk has achieved $172m in ebitda in 2020 and they have a $36b market cap which is about 200 times ebitda. If Acuity trades at just half of that valuation then they could have a marketcap of $4-5 billion in 2023 which places them around $75-100 per share.