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Added to YB: 2022-01-12

Pitch date: 2022-01-12

WE.V [bullish]

WeCommerce Holdings Ltd.

-67.99%

current return

Author Info

Maxwell House shares investing ideas, notes, and research. Sign up for the newsletter.

Company Info

As of April 17, 2023, WeCommerce Holdings Ltd. was acquired by Tiny Capital in a reverse merger transaction.

Market Cap

CAD 188.4M

Pitch Price

CAD 14.06

Price Target

N/A

Dividend

N/A

EV/EBITDA

61.32

P/E

-6.73

EV/Sales

4.52

Sector

Software

Category

growth

Show full summary:
7# The Tiny Shopify Remora

WE.V: Shopify ecosystem play w/ 3 segments: themes, apps, services. High insider ownership (61%). Organic & acquisitive growth (25% guided). 500M mkt cap, 50M sales, 20-30% EBITDA margins. 10x rev, 30-40x EBITDA. Risks: Shopify reliance, competition. Analysts bullish (PT $18-22).

Read full article (8 min)