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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi, in your April report for XBC, the shares were trading at $4.29 and that represented 4.5x sales and 145x EBITDA. ANRG just went public at $14.00 (now around $13.50), and the IPO price represented about 1x sales and 7x EBITDA. Both companies are essentially in the same business, so I am wondering about the valuation discrepancy. Your thought would be appreciated.
Read Answer Asked by blaine on June 28, 2021