.615. The receivables/assets are how they make money. If they convert them to cash the only revenue they'll have is whatever interest the cash earns in the bank. You're counting the company's assets twice; Firstly with t…","url":"https://www.strawman.com/forums/topic/8875","discussionUrl":"https://www.strawman.com/forums/topic/8875","author":{"@type":"Person","name":"Brad Jones","alternateName":"LifeCapital","url":"https://www.strawman.com/members/LifeCapital"},"isPartOf":{"@type":"WebSite","name":"Strawman","url":"https://www.strawman.com"},"description":"The business is profitable and should make -4m in profit next year. If we assume .5m and a conservative 10x multiple then we can value the business at m…","datePublished":"2024-04-30T12:46:31+10:00"}