If earnings before tax are $2.1m, that makes EV/EBIT (historical or forward) just under 4.5. That seems fairly cheap, even if we aren't valuing this as a growth stock.
I don't know about a takeover - one of the big hospital operators might be interested, I guess, or possibly one of the insurers.
At the moment it seems like one step forward, one step backwards, with every dollar in revenue gained being matched by another lost somewhere else. But Konekt is still in much better shape than it was two years ago!
KKT Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
