$NCNO (cloud banking software firm) is trading near $75, 140% above its $31 IPO price.
- After factoring options/RSUs, shares trade for 57x FY20 (ended in Jan.) sales
- and maybe (given recent growth rates) around 40x FY21 sales.
- Stuff like this does remind me of 1999-2000 some.
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!!!