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Added to YB: 2023-12-18

Pitch date: 2023-12-18

FND.AX [bullish]

Findi Limited

+64%

current return

Author Info

No bio for this author

Company Info

Findi Limited, through its subsidiaries, engages in the development of digital payment systems in India.

Market Cap

AUD 197.2M

Pitch Price

AUD 1.00

Price Target

3.00 (+83%)

Dividend

N/A

EV/EBITDA

10.35

P/E

-698.45

EV/Sales

3.97

Sector

Financial Services

Category

growth

Show full summary:
Findi - a potential multibagger

Findi owns 80% of TSI, an Indian ATM & digital payment biz with strong growth - 84% EBITDA jump, $250M+ deal w/ SBI. TSI raised $37M (> Findi's mkt cap), enabling M&A & expansion. TSI targets $500M IPO, $6/Findi share. DCF: ~$3/share w/ risk buffer. Key risks: cash usage & execution.

Read full article (4 min)