I was looking for the revenue model for ShareRoot, seeing they have a few big names on their clientèle. I came across this... https://www.youtube.com/watch?t=261&v=Kqm3Qz8Usao
This was posted May 5th so I would say they should be pretty in tune with an "end of 2015" forecast model
The revenue on the y axis is the revenue of the client I presume... a little confusing...
But the way I read it is a minimum of $350 per month per customer...
If you were to have an even spread of customers in each package you'd be looking at an average of $1937.5 per month per customer
If they were to grow their customer base in similar proportions to the market shares (and you would assume they would try) you'd be looking at a weighted average of $4416.5 per month per customer...
But lets look at the numbers they are indicating in the chart:
10x Small Teams
15x Medium Teams
15x Medium Teams
18x Enterprise Teams
58 Total, the HoA states they are working with 50 brands currently so thats about right...
The above means they should be turning over about $131,000.00 a month...
$1,572,000.00
HoA also states "with over 25 in the sales pipeline"
so if you add another 25 proportionately to the packages above you have $182,300.00 per month
$2,187,600.00 a year...
There goes that first Milestone...
Crunchbase states it was founded February 13, 2013
and 11 - 50 employees
Without knowing EBITDA,
what would people call a fair market cap for a 2.5 year old group with even younger Saas software, pulling a weighted average of $2,258.62 per month from each customer, 58 clients on the books, and indicating revenues between 1-2mil pa...
These are my calcs... do your own research..
Thoughts anyone?
I think its actually a decent acquisition...
Just sucks about the CR, but maybe they are confident in the value... is 50Mil MC the right value?
MOO Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
