With $57.8 million in liquid assets and 79% gross profit margin, Fiverr (FVRR) should attract a significant amount of investors. The company has created a business model that receives 37 million visitors per month. It appears to be offering unique services to users.
Other competitors are trading at 5.3x forward revenue. Fiverr, with more revenue growth and more visitors than peers, should sell at 7x-8x. With that, a ratio of 4x-5.3x will represent a great buying opportunity.
Source: Prospectus
Source: Prospectus
Business
Founded in 2010, Fiverr offers a freelance services marketplace in over