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ReferencesEdit

  1. Need to add citation for the sentence on "what's the next key milestone of the product?"
  2. Need to add citation for the sentence on "which time period to use to estimate the expected return?"

—-213.205.240.205 14:12, 15 March 2022 (GMT)Reply[reply]

NotesEdit

This report is missing notes. —-213.205.240.205 14:13, 15 March 2022 (GMT)Reply[reply]

Additional notes have now been added. If there's notes that are still missing, please flag on here. --Prisha (talk) 14:22, 15 March 2022 (GMT)Reply[reply]

PeersEdit

Received feedback from someone that he thinks that the peers in the valuation section of this report are unsuitable. No peers were provided by the person, so at the moment, it's best to keep the peers as they are.

—-213.205.240.205 14:12, 15 March 2022 (GMT)Reply[reply]

Received further feedback from the same person:
  • The peers cannot be publicly listed companies. When asked why they cannot be publicly listed companies, no reason was provided.
  • The peers need to offer the same offering (i.e. investment research, ideally free-to-access investment research).
  • Potential peers are Finbit (https://finbit.io) and Marketsmith (https://marketsmith.investors.com). I checked Finbit's website and it isn't really an investment research/information provider (it's a financial information gatherer and analyser), so it's not really a competitor of the Stockhub platform. Marketsmith, on the other hand, is an investment information/research provider and, therefore, is a peer of Stockhub.
  • On a side note, the person said that he thinks that even if a company provides free-to-access investment research that is materially better, in terms of quality, than Goldmans Sachs, an institutional investor, such as Blackrock, will not use it, because 1) it's free and 2) the investor probably already has a relationship with Goldmans Sachs. No reason why provided as to why he thinks that, and my view is that his thinking is illogical and, therefore, it's best to ignore his thinking.
Competition comparison
Stockhub Marketsmith
How is the research produced?
Type of production method? Crowdsourced information, decentralized production End-user-paid-for, insourced information, centralized production
Is the information on the platform sourced from a large, relatively open, and often rapidly evolving group of participants (i.e. crowdsourced information)? Yes No
Is the production of the research controlled by no single entity (i.e. decentralised production)? Yes No
Are contributions able to be made anonymously? Yes No
What is the estimated cost for the investment research company to produce research on a specific investment per year? Zero £5,000
What are the main features of the research for the end-user (i.e. Investors)?
What is the price of the research? Free £1,499 per year
How many investments are realistically able to be covered using this method? Unlimited Limited
What is the expected quality level of the research? High Low
--94.119.64.3 13:25, 23 March 2022 (GMT)Reply[reply]

Summary sectionEdit

How was the ROI calculated? That's an unusually high ROI. --Ferd (talk) 16:49, 23 March 2022 (GMT)Reply[reply]

The answer to this question can be found in the Valuation section of the report. A note has now been added to the summary section of the report, detailing that (i.e. that the ROI calculation is found in the Valuation section of the report). --94.119.64.34 16:53, 23 March 2022 (GMT)Reply[reply]

What is the mission of the company?Edit

Stockhub isn't going to make money for people, it's helping them make better decisions as to which companies to invest in. --94.119.64.24 17:08, 23 March 2022 (GMT)Reply[reply]

I agree that make more money is a little strong; I think a softer/better description is this: to help make more money.
Also, the first version of Stockhub (i.e. the current version) is to help 'Active Investors' make better investment decisions, but the mission of the company is to help make more money for everyone. This section of the report (i.e. the 'What’s the mission of the company?' section) refers to the mission of the company.
The table below highlights the key similarities and differences between the Stockhub company, the first version of the Stockhub product and the final version of the Stockhub product.
The report has now been updated accordingly.
Similarities and differences
The Stockhub company The final version of the Stockhub product The first version of the Stockhub product (i.e. the current version)
What’s the goal? Help people to make more money Help people to make more money Help people to make better investment decisions
Who’s the target audience? Everyone People who are willing and able to be actively involved in the process of deciding which investment(s) to invest in (i.e. Active Investors) People who are willing and able to be actively involved in the process of deciding which investment(s) to invest in (i.e. Active Investors)
What proportion of the population does the target audience represent? 100% 10.4% 10.4%
--109.180.63.162 23:25, 23 March 2022 (GMT)Reply[reply]

Who’s the target audience of the product?Edit

"The audience is Investors. An investor is anyone who is willing and able to make an investment."

I feel the target audience is too broad, and needs to be narrower. I feel a better target audience is the following: people who are willing and able to be actively involved in the process of finding suitable investments (i.e. Active Investors). The report has now been updated to reflect that change.

--109.180.63.162 10:35, 24 March 2022 (GMT)Reply[reply]

Finimize valuation multipleEdit

Year 4 5 6
Period end date 31/12/2020 31/12/2021 31/12/2022
Period duration (days) 488 365 365
Historic Historic Historic
Profit and loss
Revenue (£) 1,392,200 2,349,976 3,896,226
Balance sheet
Cash (£) 1,910,058 5,306,680
Debt (£) 13,206,430 3,717,599
Other information
Adjusted revenue (£) 1,044,150 2,349,976 3,896,226
Revenue growth rate (%) 68.80% 65.80%
Adjusted revenue growth rate (%) 125.06% 65.80%
Acquisition multiple
Comments
Acquisition price ($) 99,000,000
FX rate 0.82 The exchange rate today (29th October 2023. It's better to use the fx rate of the date of the acquisition (i.e. 29th October 2021).
Acquisition price (£) 81,180,000
2021 cash (£) 1,910,058
2021 debt (£) 13,206,430
2021 revenue (£) 2,349,976 The acquisition occurred on 29th October 2021.
Adjusted revenue growth rate (%) 125.06%
Growth-adjusted EV/sales multiple (x) 0.28
Input Value
Current revenue (£) 3,896,226
Revenue growth rate (%) 65.80%
Growth-adjusted EV/sales multiple (x) 0.19
Enterprise value (£) 48,710,617
Current cash (£) 5,306,680
Current debt (£) 3,717,599
Market capitalisation (£) 50,299,698
Acquisition price ($) 99,000,000
FX rate 0.82
Acquisition price (£) 81,180,000
Overvalued/(undervalued)(%) 61.39%


95.149.241.208 15:33, 29 October 2023 (GMT)Reply[reply]