SideChannel Inc (SDCH): Btw, debt-free SaaS companies don't...

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Re: 22rover post# 24280

Thursday, 01/11/2024 8:28:14 PM

Thursday, January 11, 2024 8:28:14 PM

Btw, debt-free SaaS companies don't trade at 1x revs.

With SaaS, it's not unusual to trade 7 to 10 X revenues —10 X revenues would put this at $70 million. This equates to a $.35 stock price. And that is based on the previous fy. This outfit is growing at ~ 35%

That's what the kids call a 10-bagger.

As soon as investors recognize the value here and buyers enter the mix, we will have ye old 🚀

Lots of patience here.

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