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whatdidimiss

12/11/18 4:31 PM

#75710 RE: RizZo #75708

Thanks for posting. It is interesting.
They are projecting modest growth.

If the below were to happen, the pps would be approx. .007
(At approx. 4.1B shares O/S.)

From the PR's detailed valuation:
...."If Data443 can achieve the $6.8 million annual revenue run-rate by the end of 2019 and obtain the 5.2x multiple of forward revenue that Varonis enjoys, it implies a market capitalization of roughly $30 million."


"Moreover, 2018E and 2019E revenue do not fully reflect Data443 s medium-term potential, in our view, as the company will have just recently launched the its product and services portfolio. If Data443 can begin to generate revenue in the fourth quarter of 2018 and shows rising revenue throughout 2019, we would anticipate share price appreciation."