With the acquisition of several businesses in a short period of time, ConversionPoint Holdings (CPTI) is expected to combine very different marketing and data analysis technologies. These new tools should help the company attract the attention of new business clients. The company’s revenue growth and gross profit margin should justify the valuation of 2.2x forward sales and enterprise value of $259 million, but no more. Keep in mind that other competitors with larger gross profit margins are trading at 2.2x.
Source: Prospectus
Source: Prospectus
Business
Based in Newport Beach, California, ConversionPoint Technologies Inc.