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QuickQuarter

07/06/20 8:15 AM

#26309 RE: Roofus #26299

I could not find anything to confirm the $3.2B revenue figure found on the iHub landing page, but several sources confirm $1B+ revenues as of June 2018. I think the $1-$2B range is accurate.

Can someone post a link to the $3.2 billion revenue they generated in 2018 ???

I found this from the link below, which states $1 billion - $2 billion in revenue per year.
That would put them at about a $5 - $10 billion market cap in valuation, which is still great.


That doesn't affect my own assessment of the CLX/PASO reverse merger and SiriusIQ JV (as I read it from the LOI) since I never factored UST Global into the short-term valuation except as a likely integrator or partner of the JV. There is potential for greater value from the UST relationship, but I have seen nothing to confirm that at this point.

I am still long and heavily invested with what I see as the plan so far.