TSXV:RHT.H - Post by User
Comment by
theinvestor22on Jan 09, 2022 3:00pm
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Post# 34298012
RE:RE:Mingzhu ;
RE:RE:Mingzhu ;Recurring revenue companies tend to be valued based on run rates. The $40M revenue run rate should be reached by mid-2022.
3burtc wrote: 1rockit, if you use a very modest 16.6 x ARR you will have a price of $3.50 based on $40 million guidance for 2022. Next year $10.50/share based on $120 million ARR. This doesn't include any new contracts.gl.