From mergermarket.com today
“….Tutoring Australasia, the privately held Australian online tutoring company, will decide by year end if it will pursue a second capital raise to accelerate growth, said CEO Jack Goodman.
The company’s current valuation is around AUD 10m-plus based on multiples of two to three times revenue being common in this space, he explained. The Sydney-based company hired MAP Capital and sold a minority stake worth a ‘few million’ in December last year to high net worth individuals, and is likely to hire MAP Capital again in the event of a deal, he said…..”
Applying this very crude revenue multiple to KME generates an enterprise value of between $24m and $36m
online tutoring
Add KME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.00M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 44.0¢ | $5.761K | 13.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 9608 | 2 |
View Market Depth
| Last trade - 15.13pm 22/11/2024 (20 minute delay) ? |
| KME (ASX) Chart |
