Re: As the company migrates towards an $80 million revenue run rate, the P/S ratio could migrate from 0.37 to 3. That would translate to $11 per share next year.
I calculate that it will take four years to reach $80 million in revenue based on Willis's guidance of 7-10% annual revenue growth rate. The only way they can reach $80 million revenue in one year is if they do another acquisition, which is speculative at this point.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.