Post by
Stuator on Feb 22, 2021 10:18am
Ackroo
So some have mentioned that Lightspeed's recent acquisition was at 10x sales. So I used that figure to come up with what Ackroo share price would look like in a year.
3 acquisitions, each sized at 5M in sales - acquired at 2x sales.
I've mentioned they won't have to raise any funds with where warrants are placed.
6M run rate as of FQ4 - not including GGGolf. So 8M run rate.
Add growth of 10% organic. ~9M run rate by end of year.
9M (organic growth + current run rate) + 15M (acquisitions) = 24M run rate by FY2021
24M x 10 (sales mutliple) = 240M. Share price target between 2.25 - 1.60.
Ackroo's Market Cap is ~25M right now (35M diluted). It sits at 0.25 right now.
So someone earlier said 1.80 was a target. I think they could be right.
That's with only 3 aquistions. I think they'll do more as the share price continues to climb.
Steve mentioned that their long term goal is 60M in run rate in 3-5 years. So that's a 600M company. Ackroo is sitting at ~25M. 24 "X" bigger from here.
Comment by
ando on Feb 22, 2021 10:36am
Stator Great number crunching. I am totally on board with the 1.80 possibility. As cash keep making more cash, the 4.00 target Steve has is a reality.
Comment by
alys4321 on Feb 22, 2021 10:44am
Great DD on this. I believe even with COVID their YOY was up 16% or something crazy. Great to see such strength and now the share price is moving to reflect that.