QuoteMedia Inc (QMCI)

[reaper247]

Here is the thing for me with QMCI.

quotemedia annual revenue is going to land around $17M for 2022.

The current public market value is only $13M.

QMCI is so undervalued.

A realistic real world buyout of QMCI from a private company, would probably look like a 3x revenue buyout price.

$17M x 3 = $51M valuation. That would be .56 per share.

If QMCI stays public, continues modest growth and eventually gets the attention it deserves, it could easily see a public market valuation of 10x revenue.

A relatively conservative public market cap of $170M, would be around $1.85 per share.

I believe that is being realistic here, especially when looking at the market caps of some of the other OTC stocks being touted.

Either way, buying this dip is a good grab without much down side.

Its only a question of how much time people have to see how it goes.

Just my thoughts.

GLTU on however you decide to play it.

IMO and FWIW.