Δικές μας μέρες δόξας 1999/2000, ζει ξανά η Wall Street (18/7/2020)

$NCNO (cloud banking software firm) is trading near $75, 140% above its $31 IPO price.

  1. After factoring options/RSUs, shares trade for 57x FY20 (ended in Jan.) sales
  2. and maybe (given recent growth rates) around 40x FY21 sales.
  • Stuff like this does remind me of 1999-2000 some.

$NCNO soars +155% in first hour of trading. The financial software company priced its IPO at $31/share.
ΤΗΝ 1η ημερα διαπραγμάτευσης χτύπησε και τα… 91 δολ.(!!!)

Εικόνα


The company has seen rapid growth

(……!!!!! – εδώ θα είχαν πάρει με τις πέτρες τους αναδόχους και δικαιολογημένα)

…… 2017 sales (for the year ending in January 2018) came in at $58.1 million on which the company lost $18.8 million.

…… Sales rose 57% in 2018 to $91.5 million, and while operating losses rose to $23.2 million, losses were coming down on a relative basis.

…… Sales were up another 51% last year to $138.2 million, with operating losses coming in at $28.2 million. While losses were up in real terms again, they continue to come down on a relative basis.

ΑΠΟΤΙΜΑΤΑΙ σε 6,64 δισ. δηλ. όσα σχεδόν δηλ. και ο ΟΤΕ!!!