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> valued at 10x 2018 revenue, wow, given the losses, wow. Well it would have to be some multiple of revenue as a multiple of profits wouldn’t make any sense (a
by koolba 8y ago
> valued at 10x 2018 revenue, wow, given the losses, wow.
Well it would have to be some multiple of revenue as a multiple of profits wouldn’t make any sense (as its negative).
Still though that’s nuts!
- spikels 8y agoFor growth companies equity analysts look at forward ratios - projected several years out. 10x in 2018 will probably be 5-6x in 2019 and 3-4x in 2020 and maybe 2-3x in 2021. Still very high but at least approaching sane levels.