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.
📱 springbig to merge with Tuatara Capital…
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.