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Valuation is based on growth and expected future profit more than current revenue or processing volume. If two companies both process $10bn, but one makes 3% an
by tomkarlo 13y ago
Valuation is based on growth and expected future profit more than current revenue or processing volume. If two companies both process $10bn, but one makes 3% and is growing 25% YoY while the other makes 1% and is growing 5%, they should have radically different valuations.