EOS has confirmed FY19 revenue and profit will be double FY18 and also provided an indication that FY20 revenue will land at $250m. 

As per my Straw model, I've been quite conservative with my cost assumptions as I've kept them flat as a % of revenue and also straight lined the FY18 forex gain of $7.7m but we know this is likely to be more.

Applying a P/E of 25 and averaging the FY19 and FY20 outputs, I obtain a valuation of ~$4.40.