$18m expected revenue for FY 2015 and this will add $7m so would be $25m if annualised for 2015
The online retail stores tend to trade on sales multiples of 1x-1.5x minimum
This implies a valuation of $25m-$37.5m = 4.5c-6.75c
A very interesting development story and profitability could be close by
$18m expected revenue for FY 2015 and this will add $7m so would...
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