Added to YB: 2024-05-10
Pitch date: 2024-05-10
PHX.AX [bullish]
Pharmx Technologies Limited
+170.97%
current return
Author Info
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Company Info
Pharmx Technologies Limited, together with its subsidiaries, engages in the technology and software development business in Australia and New Zealand.
Market Cap
AUD 58.0M
Pitch Price
AUD 0.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
-37.73
P/E
-29.54
EV/Sales
7.34
Sector
Software
Category
value
[BULLISH] PharmX - Quick Look
PHX.AX: Pharmacy EDI software co trading at 0.7x ARR. EDI dominant in Australia, used by virtually all pharmacies. $14M cash pending appeals decision in next month, likely to be kept. Mature biz w/ 2 new products launched. Breakeven CF despite 33% EBITDA margins due to high (growth?) capex spend. Key risks: lawsuit overturn (unlikely), competition from FredIT's MedViewX (unsuccessful so far), cash mismanagement. Extremely cheap even if low growth.
Read full article (6 min)