Recruiter.com Group Inc (RCRT)

[tbattaglia]

I have a target SP of $38.50 per share. Nasdaq Up list planned within 30 days. Current RCRT does $40mill revs per year. 14.5X rev multiple for their industry = $580M market cap and with 15 million shares OS(Post up list current OS is only 8.5m shares) = $38.50. Current SP $4.00 Labor shortage = hot recruiting market.

If you compare it to another competitor listing to nasdaq this month the valuation really gets solidified.

Zip Recruiter(Competitor) going public this month at $3Billion market cap and $400M per year in sales. $RCRT at that same Sales multiple would have a market cap of $300M and a SP of $20 or 500% gains from current SP of $4.

But Zip is expected to trade up to a 14.5x multiple or a nearly $6 billion market cap....

No matter which way look at it RCRT is very undervalued compared to its publicly listed competition and the technology they have acquired. Im also confident that the money they will raise through up list already has been allocated to announced acquisitions to double revenues over the next year