RE:PUNCHH in the states recent buyout 500 million
ando wrote: Using the same valuation that Punchh was bought out for that would put AKR at .73 Steve and team just keep delivering on what you are doing and our share price will climb nicely.
Punchh had annual recurring revenue in 2020 of $32 million and it was purchased for $500 million for a multiple of 15.625. Ackroo released the unaudited version of year end financials and we have $ 5,028,931 in annual recurring revenue for a multiple of ~ 4.42
If we use the same multiple to recurring revenue then we get an approximate marketcap/enterprise value of 77 cents/share basic and 73 cents/share fully diluted.
Good call on the acquisition as I was not aware of this. One thing that is important to note is that Punchh has compounded its ARR 54% over the past 3 years. Ackroo has compounded its revenue by about 30.58%