Amphy financials It is interesting to see the company reporting Amphy revenues even though the business has just only started.
revenues 5k
expenses 455k
operating profit - 450k
I estimate the total value of merchant volume to be $26,315 using the platform.
Had Amphy not been included in Q2 results, the operating income would have been ~ 708k compared to ~ 254k. Adjusted Ebitda would have been ~ 1,954k !
Let's put it this way, even with Amphy which has explosive potential, the company will likely achieve record results for the year with Ebitda potential in the $6-8 m range. If we put a 25 times multiple to ebitda which is the lower end of the range of companies in the adtech space we get an approximate enterprise value of Cad $150-200 m. With cash of approximately US $11 m or Cad $13.9 m and a fully diluted share count of 63.193 m I get an approximate market cap range of between $2.59 on the low end and $3.38 on the high end.