Professional
Added to YB: 2024-02-16
Pitch date: 2024-01-25
CLBT [bullish]
Cellebrite DI Ltd.
+103.46%
current return
Author Info
Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.
Company Info
Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
Market Cap
$4.1B
Pitch Price
$9.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
44.78
P/E
53.68
EV/Sales
7.75
Sector
Software
Category
growth
Greenhaven Road Capital Portfolio Holding - $CLBT
CLBT: Dominant digital forensics co. serving law enforcement. Peer price hikes of 30%+ signal room to raise prices via new software like Insight & Pathfinder (30% attach rate). Demand strong from case backlogs & data growth. 120%+ net $ retention. Trades 4x EV/CY24 ARR vs 7x+ peers. Upside from rev growth, margin expansion & multiple re-rating in 2024.
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