Professional
Added to YB: 2023-12-12
Pitch date: 2023-10-18
FVRR [bullish]
Fiverr International Ltd.
-56.68%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
Company Info
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them.
Market Cap
$905.1M
Pitch Price
$23.73
Price Target
230.00 (+2137%)
Dividend
N/A
EV/EBITDA
-171.98
P/E
88.34
EV/Sales
1.78
Sector
Professional Services
Category
growth
Optimist Fund believes $FVRR has 800% upside
$FVRR: Marketplace connecting freelancers & businesses. Largest in space, <0.5% penetrated in $250B market. Network effects + strong unit econ (60% Y1 contrib margin). Can 9x in 5yrs to $230 (56% CAGR) @ 23% rev CAGR & 30% incr FCF margins. Now ~8x FCF ex-cash vs 20x sales 2yrs ago.
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