DSE 3.94% $3.90 dropsuite limited

Just reading through the LVT announcement today and drawing...

  1. 114 Posts.
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    Just reading through the LVT announcement today and drawing comparisons to DSE.

    Similar business models/industry, similar growth rates.

    DSE is however much closer to breakeven, more diversified customer base but trades at a discount to LVT.

    LVT currently trades on 16.6x annualized revenue compared to DSE at closer to 11x (based on 400 k customers at around $1 per month).

    At 16.6x, DSE should be trading at $0.166, which is >50% upside.

    Looks like there is still plenty of upside from here
 
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