Sunday, July 18, 2021 4:39:38 PM
But remember, this is at 1.7x and a company growing at 50% plus per year organically, in an industry that is gaining speed, and multiple industries supporting the business, and across a large section of the US.
These are people with vision, desire, and Industry experience.
We will catch a break at some point. Even if it stayed at 1.7x the revenue growth would allow it to double fairly often and potential hit $1.60 in 7-10 years just from % growth even if it stayed at 1.7x
It should be 4x minimum for the growth factor of 50% and if they grow at 100% it should be an 8x factor minimum.
We’ll see how the next 6 months play out.
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