Professional
Added to YB: 2024-07-04
Pitch date: 2024-03-31
GETB.L [bullish]
GetBusy plc
+15.5%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
GetBusy plc, together with its subsidiaries, provides productivity software for professional and financial services in the United Kingdom, the United States, Australia, and New Zealand.
Market Cap
GBP 41.6M
Pitch Price
GBP 0.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.90
P/E
267.97
EV/Sales
1.99
Sector
Software
Category
value
Hurdle Rate Portfolio Holding: GetBusy plc
GETB.L: Rev +10% CC. UK R&D tax change ~£0.3m hit. Shift to monthly resale partners. £1.0m FCF outflow. ARPU £281 (+9.8%), churn 0.8% (-0.1%). H2 ARR +3% ex-VC upgrade. 1.7x EV/Sales, 5.4x standstill EBITDA. Mgmt incentivized for premium divestment. Risks: reduced reinvestment, slow growth.
Read full article (1 min)