Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Headquartered in Melbourne, Australia, and established in 2006, SQID Technologies Limited operates in two core areas: payment processing and the development of the Esports gaming sector within Australia and New Zealand. The company delivers essential merchant and transaction services to both commercial entities (B2B) and e-commerce customers (B2C) via its sophisticated network of partner platforms. Furthermore, SQID oversees ICON Esports, a dedicated gaming organization that capitalizes on the commercial potential of the Oceanic market. ICON Esports achieves this through targeted marketing initiatives, strategic brand collaborations, and offering its community a range of nutritional supplements and branded merchandise.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.