StartupsSeeking Alphaabout 3 hours ago
3Knights Dynamics Aims For IPO On Ambitious Valuation
1 min read
3Knights Dynamics Group Ltd. filed for a $22.5 million U.S. IPO with a 30x EV/EBITDA valuation, roughly five times typical small tech consulting peers. The author issued a Sell rating, citing excessive valuation, decelerating growth, thin capitalization, and customer concentration risks.
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