TSXV:AKR - Post Discussion
Post by
Torontojay on Sep 30, 2021 6:22am
Toast IPO
Just recently Toast Ipo'd in the US with a current valuation of US $25 B. Toast provides software as a service to the restaurant industry which includes marketing and loyalty. They also provide loans and financial services and hardware which includes terminals, tablets as well as installation services. Ackroo also competes in the space but at a much smaller scale but it does not provide financial services.
Toast is trading at a price to sales ratio of about 21 times. It is currently not profitable. Lightspeed has an almost 60 times price to sales ratio and is currently cash flow negative!
let's look at Ackroo for a sec.
Price to sales ratio =~ 2.65
price to book =~ 3.97
Ackroo has much more attractive fundamental metrics and it is currently ebitda positive and growing.
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