- The company is shifting to the cloud and its cloud business is growing very fast.
- It is building some innovative platforms and has some powerful partners in IBM and MetLife.
- The company is already cash flow positive, margins are expanding, and even a small profit emerged in Q1.
- All that for 2x sales, a multiple we think could seriously increase if the company keeps up its recent performance.
Majesco Could See Serious Multiple Expansion
October 8th, 2018 · No Comments