Added to YB: 2024-05-10
Pitch date: 2024-05-10
PHX.AX [bullish]
PharmX Technologies Limited
+351.61%
current return
Author Info
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Company Info
PharmX Technologies Limited, together with its subsidiaries, operates as a technology and software development company in Australia.
Market Cap
AUD 77.8M
Pitch Price
AUD 0.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
144.15
P/E
-294.78
EV/Sales
9.90
Sector
Software
Category
value
[BULLISH] PharmX - Quick Look
PHX.AX: Pharmacy EDI software co trading at 0.7x ARR. EDI dominant in Australia, used by virtually all pharmacies. $14M cash pending appeals decision in next month, likely to be kept. Mature biz w/ 2 new products launched. Breakeven CF despite 33% EBITDA margins due to high (growth?) capex spend. Key risks: lawsuit overturn (unlikely), competition from FredIT's MedViewX (unsuccessful so far), cash mismanagement. Extremely cheap even if low growth.
Read full article (6 min)