Public school enrollment in grades 7-12 in the USA is >22m
If each school spends (a measly) $10/student on VERB
$220m in revenue.
If the market cap is conservatively 10x revenue = $2.2B
Divide this by 22m shares (approx) = $100/share or $50/share with 50% penetration
In one vertical limited to US not counting private schools, higher education, rest of world.
Seems a good reason to hold shares.
If each school spends (a measly) $10/student on VERB
$220m in revenue.
If the market cap is conservatively 10x revenue = $2.2B
Divide this by 22m shares (approx) = $100/share or $50/share with 50% penetration
In one vertical limited to US not counting private schools, higher education, rest of world.
Seems a good reason to hold shares.
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