looked back at earlier post assuming forecast of revenue per client.
2,500 clients x $87 monthly per client is $217k monthly revenues. Monthly revenue of $217k = annual revenue of $2.6 million.
Look up the earlier Operation 2700 press release says goal is 2 new banks & lenders per month (24 per year).
if goal of $2.6 million x 24 firms is forecast revenue run rate of $62 million.
Assume they only do 20%-30% of this ($12-$18 million)....its still significant revenue growth opportunity.
Since FinTech companies usually value based on multiple of revenues. could a revenue multiple range of 10x of going forward run rate of revenues be doable. It all about generating new clients via Operation 2700
is this foercast accurate
Revenues $12 mil x 10x = $120 mil @ 248 mil shares = $0.40 per share.
Decrease this by 50% then its $0.20 ranges. links to the share reduction
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