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Re: covidcash post# 98365

Sunday, 07/11/2021 2:46:08 PM

Sunday, July 11, 2021 2:46:08 PM

Post# of 122518
They are their current revenues since the poster was using their current market cap.

But if we want to go back to when they went public let’s look at them.

Paypal had revenues of $100 million the year BEFORE it went public. When it went public in 2002 it had a market cap of just under $1 Billion which is about (generously) 10X revenue.

Stripe just went public last year at about 10X. In the case of Square their P/S when they went public was about 4X

Using the same metric for HUMBL would put its market cap at no more than $10 million at a P/S of 10X

These types of comparisons for stinkie pinkies are always hilarious and collapse under their own weight.

HUMBL P/S right now is close to 1000X. LMAO.

HUMBL is WAY overvalued.

"Harsh reality is always better than false hope"

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