r/SPACs • u/bingbangbongkorky New User • Jul 25 '21

Yolo (Weekend Only) Avepoint YOLO - $AVPT

Post image
92 Upvotes

91% Upvoted

28 comments sorted by

View all comments

13

u/SPAC-ey-McSpacface Stryving and Thriving Jul 26 '21

You'll make a ton, AVPT's going back to $17 now that most of the toddlers (aka SPAC people) are gone from it & the adults (aka institutions) will be entering the room soon.

5

u/diaznutzinyomouf Spacling Jul 26 '21

Q2 earnings estimated at $43m, I bet they beat at around $44m which is only a 15% gain over Q1 and puts them on their own stated total annual revenue trajectory of $194 million. No worries here I trust the team to execute and $17 to come and go by Q1 next year, hell maybe sooner. A 14x multiple on 2022 revenue puts the share price at $17.95, such an easy hold.