I suspect leading up to or after the launch of Mar
Post# of 32649
Eventually you'll see whatnot valuation, but not today, even though some are running around saying Verb is $4B-$6B right now and out of their minds. That stupid pumping hurts all of our investment and just eggs on bashers.
First you'll see Bambuser valuation, in my opinion which is $310M once Market is launched and gets revenue rolling in. It's the closest public company I can find as a comp. Actually Verb's market cap should be higher this year, post Market launch since Bambuser doesn't have anything like Market that I am aware. They do it for individual companies like Verb does today.
Bambuser's revenue last quarter was $5.4M, but it's MRR (monthly reoccurring revenue) was only $660K, which is about $8M a year. Verb's revenue YTD MRR was ~$5M and they are expecting to add another $1M so not too far off from Bambuser.
Previous quarter Bambuser's revenue was $3.8M so they are adding about $1.5M a quarter. Their MRR was $507K in Q2 so increasing their MRR about $150K a quarter. $507K MMR is about $6M a year.
See where I am going with this?
Verb's MRR should be $500K shortly. Same as what Bambuser was in Q2 so Verb MRR is lagging Bambuser about 6 months which is fine.
What is funny is the OMG view stock bashers portray when companies are adding MMR at $100K at a time pretending companies should be adding millions monthly but it doesn't work like that for small companies.
What you may not realize is Market won't necessarily add to much to MRR since the bulk of the revenue will be from a percent of sales but it's great then have other products that will continue to add to MRR. I suspect there will be some MRR from people wanting certain things though but I don't think it would be a lot.
Verb's total revenue was about $7.8M YTD. Let's pretend it's more or less $10M to use a round number for 2021. Bambuser's is about $11.5M YTD. So let's say 2021 would be about $18.5M?
So a bit higher than Verb's but the point is, Verb doesn't even have to add a lot of revenue from Market to rocket up the share price. Verb's other products will continue to grow. Let's pick a number and say the other ones grows 40% this year. So from $10M to $14M.
What would it take for Market to add $4M of revenue? I'm guessing about $40M of sales but I don't think year 1 of Market matters to much. It's really what is the rate of growth. Starting at $0, the growth rate will be pretty high.
So in my opinion, that's what it would take to get to a $310M market cap. Keep in mind Bambuser's valuation, like a lot of tech stocks, took quite a haircut. For them 50% chop, but still a nice valuation.
If Bambuser gets back up to $600M cap like last year, does that mean Verb will too with a little more revenue? Possibly...
Bambusers market cap today is about 3.4 times higher than Verbs. When Verb gets to where Bambuser is, that is a $4+ stock. If they get to where Bambuser was, that is a $8 stock. Once the Market train starts rolling, I don't see growth slowing down, only accelerating. Some of these private video selling sites are raking in some nice estimated revenue.
Something else to think about. If Verb's sp moves to $4-$8 this year, what would a buyout share price look like? Certainly it wouldn't be $4 or $8 in my opinion.
Now you know why the initial conversion price of $3.00 was agreeable.