Added to YB: 2024-07-02
Pitch date: 2024-06-28
PHX.AX [bullish]
Pharmx Technologies Limited
+100%
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 0.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
-37.73
P/E
-29.54
EV/Sales
7.34
Sector
Software
Category
growth
PharmX Technologies Ltd ($PHX.AX)
PHX.AX: Monopoly EDI gateway for Aussie pharmacies at 1.1x EV/REV, 3.4x EV/EBITDA. 99% market share, high-single/double-digit growth potential. $13.6M cash ($8.1M pending appeal). FY24e rev $6.5M, 50% margin. Upside from B2B marketplace (5-10% commission) & data business. Risk: cash wastage. 6.4x FY25e EV/NPAT. $21M buyout opportunity.
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