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Added to YB: 2025-01-27

Pitch date: 2025-01-24

UPG.BR [neutral]

Banqup Group SA

+10.93%

current return

Author Info

ToffCap are full-time fund managers finding undervalued opportunities and a reason why the price should (start to) move in the right direction. Sign up for their newsletter.

Company Info

Banqup Group SA, a fintech company, operates and develops a cloud-based platform for administrative and financial services in Belgium and internationally.

Market Cap

EUR 150.8M

Pitch Price

EUR 3.11

Price Target

N/A

Dividend

N/A

EV/EBITDA

-6.37

P/E

-3.13

EV/Sales

2.21

Sector

Software

Category

growth

Show full summary:
A few micro-caps I'm looking at - Unifiedpost Group SA

UPG.BR (quick overview): E-invoicing SaaS player. Shifted focus to high-margin digital services (60% GM), sold non-core assets for €133m, now net cash. Targeting FCF breakeven by 2025. Growth slowed in Q3, but 10%+ annual revenue growth expected. At 12-15x FY25E EV/EBITDA, with 40-50% EBITDA growth potential. Market skeptical, creating opportunity.

Read full article (3 min)