Hello everyone! I've a question about fundamental numbers and the market cap. of a company, especially for pennystocks. So I had a look at two small tech companies working in the same area - TEUM and FSNN. Both offer cloud services and stuff like that.
TEUM
| Position | 2017 | 2018 |
|---|---|---|
| Revenue | 12.86M | 13.55M |
| Gross income | 4.95M | 5.33M |
| Net income | -31.44M | 12.46M |
| Cash | 1.5M | 13.74M |
| Total Assets | 13.05M | 25.33M |
| Short Term Dept | 4.01M | 66k |
| Total Liabilities | 22.41M | 9.9M |
Market cap: 143.84M
FSNN
| Position | 2017 | 2018 |
|---|---|---|
| Revenue | 124.65M | 150.53M |
| Gross income | 40.89M | 52.98M |
| Net income | -12.72M | -14.01M |
| Cash | 7.22M | 2.53M |
| Total Assets | 131.96M | 122.06M |
| Short Term Dept | 3.98M | 7.71M |
| Total Liabilities | 122.77M | 123.31M |
Market cap: 117.41M
Probably this a very limited view right? But how can a company with a yearly revenue of ~14M with total assets of ~25M have a market cap of ~140M, and a company with ~150M revenue and total assets of ~122M a market cap of 117M?
Moreover analysts have an target near $4 per share which is a market cap of ~200M. In contrast to FSNN with a revenue of 150M and 122M in assets has only 117M market cap.
So how can this be? What are the 'rules'? What can be derived from this?
Thanks a lot!
Submitted May 06, 2018 at 08:10AM by MacDone https://ift.tt/2FOW7Xt
