2021E Revenue of $24M implies 12.5x EV/2021E Revenue. Company has 1,000+ customers and LTM GMV of $7B+. Assuming no redemptions by TCAC shareholders and a $13M PIPE, springbig will have ~$200M cash.
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📱 springbig to merge with Tuatara Capital…
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2021E Revenue of $24M implies 12.5x EV/2021E Revenue. Company has 1,000+ customers and LTM GMV of $7B+. Assuming no redemptions by TCAC shareholders and a $13M PIPE, springbig will have ~$200M cash.