Added to YB: 2024-04-05
Pitch date: 2024-03-14
PRO.AX [bullish]
Prophecy International Holdings Limited
-75.38%
current return
Author Info
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Company Info
Prophecy International Holdings Limited engages in the design, development, and marketing of computer software applications and services in Australia, New Zealand, the Middle East, North America, Europe, Africa, and Asia.
Market Cap
AUD 40.9M
Pitch Price
AUD 0.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
-8.75
P/E
-9.64
EV/Sales
1.29
Sector
Software
Category
growth
Prophecy International Holdings Limited - $PRO.AX
PRO.AX: Aussie software co trading at 1.5x ARR (25% in cash). Snare (cybersecurity) & Emite (call center analytics) grew ARR 42% CAGR since '18 w/ 95% gross margins. Snare deal w/ $2B Devo adds $5M ARR potential. Mgmt sees 20-30% ARR growth ahead & near-term cash flow +ve inflection. Base case 17.5% rev CAGR, 10% margin, 30x P/E = 44% IRR. Risks: Mgmt, AI/competition. Upside: Operating leverage, M&A.
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